taxonomy Archive - Sven Giegold - Mitglied der Grünen Fraktion im Europaparlament

9. März 2020

Classification of sustainable investments: Expert group confirms exclusion of nuclear power

Today the EU Commission’s technical expert group (TEG) on Sustainable Finance published its final report on the classification of sustainable investments (taxonomy). The TEG confirms the exclusion of nuclear power from sustainable financial products on the basis of so-called…

17. Dezember 2019

Classification of Sustainable Investments: Happy End without nuclear greenwashing

Yesterday evening, on 16 December, the European Parliament’s negotiating team accepted a compromise proposal from the Council of Ministers on the classification of sustainable investments (taxonomy). The text is based on the agreement reached by the Member States in…

5. Dezember 2019

Breakthrough for sustainable investments: Council and European Parliament agree on classification

The European Parliament and the Council have just agreed on a compromise on the classification of sustainable investments (taxonomy). The regulation defines which economic activities can be called sustainable in the common market and thus be included in a…

25. September 2019

Sustainable finance taxonomy: Council risks future of green financial markets with nuclear financing

Today, the Council agreed its position on the planned classification of sustainable investments. The Commission had published the relevant proposal for a regulation in May last year. The Council text contains wording that could potentially allow nuclear power to…

26. März 2019

Taxonomy: Controversial vote on sustainable finance classification

In the Paris Climate Agreement, the world promises to bring financial flows in line with the global climate targets. To this end, sustainable investments must also evolve from a niche to a new standard. That is why Bas Eickhout…