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EU Watchdog Doubts Effectiveness of Impact Funds
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EU markets watchdog doubts the effectiveness of EU investment funds claiming impact on the environment or society, raising concerns about 'impact washing' and the alignment with the United Nations Sustainable Development Goals (SDGs).
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How could the challenges in assessing real-world impact claims of impact funds be addressed to enhance their effectiveness and credibility?
How might the doubts raised by ESMA impact the reputation and trust in the effectiveness of impact funds within the EU and globally?
What measures can be taken to ensure that impact funds are genuinely contributing to the United Nations Sustainable Development Goals?
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