Ribera says that Brussels will not maintain “at any price” the directive against eco-posturing

The European Commission’s Executive Vice-President for Clean Transition, Teresa Ribera, said on Wednesday that the EU executive will not maintain “at any price” its original proposal for a directive against ecological money laundering and will consider withdrawing it if there are relevant changes in the negotiation with the States and the European Parliament. Ribera spoke out when asked about the intention of the EU executive, announced by surprise last week, to withdraw that proposal despite the fact that it is already in the negotiation phase between the co-legislators, a process known as a “trilogue”. The EU vice-president indicated that the matter was not addressed today at the meeting of the college of commissioners and stressed that the European Commission has not changed its position regarding this legislation, which aims to prevent companies from making misleading claims about the environmental qualities of their products and services.

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