Europe aims to become the world's first carbon-neutral continent. To realize this vision and channel investments into sustainable projects, the European Union (EU) has introduced the EU Taxonomy ...
The EU Taxonomy is the first-of-its-kind sustainable business classification system that aims to standardize for the investment community what qualifies as an investment in a sustainable business. It ...
This article was written by Nadia Humphreys, Sustainable Finance Solutions at Bloomberg. The EU has announced a multitude of regulatory developments related to ESG disclosures in recent months, and ...
Outlining its Taxonomy Regulation, the European Commision (EC) states that “by clearly defining what is green, the EU Taxonomy seeks to incentivize and encourage companies to launch new projects, or ...
The EU Taxonomy Regulation was introduced to standardize the classification of environmentally sustainable economic activities, creating a framework to guide investment and improve ESG transparency.
Gas and nuclear power should be considered as ‘sustainable’ investments in the EU taxonomy, according to a confidential non-paper sent to the European Commission on 29 October. This would allow the ...
European nuclear trade body Foratom has welcomed the decision of the European Commission to include nuclear within the sustainable finance taxonomy under certain conditions. However, it has provided ...
The rules and regulations around green finance are constantly shifting and being redefined, with a number of global regulatory bodies consulting and developing on Sustainable Disclosure and Taxonomy, ...