Today, on 21 April 2021, the EU Commission presented the long-awaited first Delegated Act on the Taxonomy Regulation. The Delegated Act defines the criteria that economic activities must fulfil in order to be considered sustainable in the Taxonomy with regard to climate change mitigation or adaptation. In the last weeks, the Commission had considered softening […]
Urgent Petition: Save the European Green Deal!
Sign here: https://www.change.org/save-the-eu-green-deal Dear friends, dear interested The European election was the first-ever climate election. Millions of people took to the streets. Their demand to politicians: Finally take the climate crisis and science seriously! However, it turns out that these calls were not actually heard. The new European Commission President Ursula von der Leyen launched […]
Breakthrough for more transparency in the European agencies
Dear friends, dear interested, This means a breakthrough for more transparency: In response to my question, Fausto Parente, Executive Director of the European Insurance Supervisory Authority EIOPA, committed yesterday that his authority will make its central decision-making processes more transparent in the future. In particular, it will start disclosing how the representatives of the individual […]
Inflation definition of the ECB: Exploding housing costs can no longer be ignored
Dear friends, dear interested, Lately, rents and residential real estate prices in most areas have known only one direction: steeply upwards. But while citizens groan under the exploding costs, officials at the ECB have paradoxically been complaining about too low rates of inflation for a long time. This is in part because housing costs have […]
Sustainable Finance: Von der Leyen and Timmermans must save the credibility of the Green Deal
This week, the EU Commission is finalising the first delegated act to shape the rules for Sustainable Finance. These “taxonomy rules” will determine which financial products and investments can be labelled as green and sustainable and which cannot. Recently, plans by the Commission to significantly soften the original science-based proposals under pressure from member states […]
Open letter for credible Sustainable Finance rules: Public pressure has to increase further
Dear friends, dear signatories, To date, almost 1000 people have signed our call to the European Commission for credible Sustainable Finance rules, including over 250 industry experts. This sends a strong signal to the Commission that it is risking to fundamentally damage the important European Sustainable Finance project. Today we officially sent the open letter […]