Mark König via Unsplash
The EU taxonomy
A legal framework for defining green finance
Published on:
In order to meet the climate targets of the Paris Agreement and encourage more environmentally friendly investments, a new EU law establishes clear EU definitions of what ‘green’ actually is. This EU Taxonomy Regulation wants to prevent ‘green washing’ by the investment industry, and encourage investment products to voluntary adopt the official EU definitions.
This fact sheet explains what this Taxonomy Regulation entails and points out some of the loopholes and critiques of the law. It also contains a time line of continuing decision-making up to January 2023.
Do you need more information?
-
Myriam Vander Stichele
Senior Researcher
Publication
Related content
-
-
Overview climate-friendly financePosted in category:Long read
Myriam Vander StichelePublished on: -
Linda van GoorPosted in category:PublicationLinda van Goor
-
The EC’s Action Plan to introduce sustainability issues in the financial sectorPosted in category:NewsPublished on: -
Myriam Vander StichelePosted in category:Publication
Myriam Vander Stichele
