EACB Response to the European Commission’s call for evidence On the application of the ‘do no significant harm’ principle under the 2028-2034 Multiann

The European Association of Cooperative Banks welcomes the initiative to develop a single and simplified guidance on the application of the DNSH principle under the 2028–2034 Multiannual Financial Framework. Cooperative banks are deeply rooted in local and regional economies and play a key role in financing SMEs, green transition, social infrastructure and households. Ensuring that EU funding effectively supports environmental objectives while remaining accessible to relevant actors is therefore of central importance.