EU told to go slow on tricky green finance Taxonomy

The European Commission adopted its first Sustainable Finance package on Thursday — draft laws that will begin to implement its strategy. The proposals have been changed at the request of an internal EC committee, to make them more workable, especially when it comes to the planned Taxonomy of green and sustainable activities.

  • By Jon Hay
  • 24 May 2018

The Taxonomy is the centrepiece of the Action Plan for Financing Sustainable Growth, put forward by the EC in March as a result of advice from the High Level Expert Group on Sustainable Finance (HLEG), which reported in January.

It is an idea cherished in particular by the ...

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