French bid to widen EU green Taxonomy received well

Shades of green pencils from Alamy 230x150
By Jon Hay
08 May 2019

The attempt by France to broaden the European Union’s proposed Taxonomy of Sustainable Economic Activities away from the “green niche” has made a good start. Financial officials from all the EU governments discussed the idea on Tuesday, with many member states being “very supportive”, according to sources close to the situation.

But there are still many hurdles to overcome, and there could be more concerted opposition. Cynics believe some countries might have embraced the French plan in order to slow down the process of legislating for the Taxonomy, which they would be happy to see delayed.

Tuesday’s meeting was ...

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