European Climate Foundation explains the bewildering different approaches to taxonomies

ECF Strategic Communications Manager/Sustainable Finance, Alba Málaga Homs, provides a helpful communication to sort through national approaches to what counts as green finance.   While the European Union considers adopting a sustainable finance taxonomy that classifies fossil gas as a green investment, Russia and China have stepped forward and recently adopted more ambitious initiatives that exclude all … Continue reading European Climate Foundation explains the bewildering different approaches to taxonomies

Industry and Europe’s “Fit for 55” package

In July the European Commission adopted a package of proposals – called the Fit for 55 package – to make the EU’s climate, energy, land use, transport and taxation policies fit for reducing net GHG emissions by at least 55% by 2030, compared to 1990 levels. As the Commission states, achieving these emission reductions in … Continue reading Industry and Europe’s “Fit for 55” package

Where does nuclear power belong in our concerns over sustainability?

Lobbying by pro-nuclear stakeholders and a new report that concludes “the fuel qualifies as sustainable” under green investments has led to Greenpeace Europe warning the European Commission against reinstating nuclear power on the list of activities deemed sustainable by the European Union. Kevin O’Sullivan discusses latest developments in an article on the Irish Times website. … Continue reading Where does nuclear power belong in our concerns over sustainability?

EU green finance getting more serious

Kate Abnett and Simon Jessop write on the Reuter’s website that new taxonomy rules will be tighter for buildings but much less so for the shipping industry. No doubt you will be reading more about latest developments in taxonomy. On November 20th, the Commission launched a stakeholder feedback period on the draft Commission Delegated Regulation supplementing … Continue reading EU green finance getting more serious