WebApr 10, 2024 · Green Finance Industry Taskforce (GFIT) Taxonomy (under consultation): uses a ‘traffic lights’ classification system and covers a broad range of sectors. The GFIT Taxonomy also includes... WebApr 12, 2024 · The EU taxonomy creates a clear framework for more sustainable enterprise and greener investing to help the EU meet its carbon-neutral target. Its goal is to establish a list of environmentally sustainable economic activities. The framework has a phased-in approach, meaning firms only report on a portion of qualitative and quantitative information.
The EU taxonomy and the acceleration of sustainable finance
WebApr 12, 2024 · Transition finance refers, for example, to financing for emission reductions and low-carbon technologies in industries such as cement or steel, where no purely green technologies are readily available. Transition financing is also needed for energy companies in the process of switching to renewables and phasing out their fossil-fuel assets. WebFeb 28, 2024 · Negotiators of the Council and the European Parliament reached a provisional agreement on the creation of European green bonds (EuGB). The new … nick westrate actor
Renewed sustainable finance strategy and implementation of the …
WebMar 9, 2024 · The Taxonomy was developed by a technical expert group set up by the European Commission. It is a technical document that was developed after … WebMar 8, 2024 · Creating an EU Green Bond Standard and labels for green financial products. Based on the final report and usability guide of the Technical Expert Group (TEG), the Commission is exploring the development of a voluntary EU Green Bond Standard. Moreover, the Commission is working on an EU Ecolabel for retail investment products. Web2 hours ago · The European Commission has published responses to questions from European regulators on the Sustainable Finance Disclosure Regulation (SFDR), including on how to define a 'sustainable investment' under the rules. Sectors most damaging to biodiversity revealed in pilot for NA100 14 April 2024 nick weyman dft