On July 15, ISDA submitted a response to the European Commission’s (EC) consultation on its Renewed Sustainable Finance Strategy. ISDA provided responses either in standalone form and/or in coordination with the Association for Financial Markets in Europe (AFME) to Questions 3, 7, 15, 18, 29, 30, 33, 34 36, 39, 52, 53 and 88, which are of relevance from a derivatives perspective. In relation to prudential aspects of the consultation, ISDA endorsed AFME’s responses to Questions 84, 85, 88, 89, while refraining from commenting on the possible creation of a ‘brown taxonomy’. The answers provided to all other questions set out in the response are endorsing AFME’s respective positions. The EC plans to adopt the Renewed Sustainable Finance Strategy by the end of 2020.