The European Commission has introduced measures to strengthen the EU sustainable finance framework, aiming to encourage private funding for sustainable transition projects. The package includes an extension to the EU Taxonomy, new rules for Environmental, Social, and Governance (ESG) rating providers (feedback period until the 11th of August), and measures to improve the usability of sustainable finance regulations. The Commission’s plans will bolster transparency in sustainable investment markets, support companies’ transition to sustainability, and contribute to the European Green Deal’s objectives.