EU Prepares to Include Nuclear and Gas in Green Investment List
EU countries have been arguing for three years whether to include nuclear and gas as green investments in the taxonomy. The decision will shape EU climate and energy policy for decades and have effects far beyond the financial sector. France, the UK, and Eastern European countries threatened to veto the EU taxonomy ...
Posted on 09/11/21
German Politicians Affirm Rejection of Nuclear Power in EU Sustainable Finance Taxonomy
Germany's environmental minister from the Social Democrats (SPD), Svenja Schulze, has affirmed that the country will work towards excluding nuclear power from the EU taxonomy for sustainable investments. She says that they don’t want nuclear energy, don’t think it’s sustainable, and don’t want the EU to support it. T ...
Posted on 08/11/21
The EU Taxonomy
Different standards and metrics make it difficult for investors to compare green investments. The EU taxonomy establishes a standardized and transparent system for classifying and investing in sustainable economic activities. The taxonomy operates on the project level and the firm level. The project level considers t ...
Posted on 08/11/21
EU Taxonomy for Identifying ‘Sustainable Economic Activities’
The EU taxonomy is a classification system that establishes a list of six "environmentally sustainable economic activities". It defines which economic activities are deemed to be environmentally sustainable to help the EU scale up the needed "sustainable investment" to become "climate neutral" by 2050. Unclear defini ...
Posted on 08/11/21
The Green Brief: Gas, Nuclear and the EU Taxonomy Saga
The European Commission must determine which economic activities in the EU can be labeled as a sustainable investment based on their meeting strict environmental criteria. It is expected that the Sustainable Finance and EU Taxonomy will define nuclear power as a “green”, “transition”, or even an "amber" technology. T ...
Posted on 04/11/21
Postings2025-01-08T09:00:41+02:00