The EU Taxonomy: A Comprehensive Guide for the Finance Niche
The EU taxonomy is a classification system that establishes a list of environmentally sustainable economic activities. It is a tool to help investors, businesses, and policymakers identify and prioritize investments that contribute to the European Green Deal, the EU’s plan to achieve climate neutrality by 2050.
The taxonomy is based on scientific evidence and is designed to be comprehensive, covering a wide range of economic activities. It includes criteria for activities that are considered to be sustainable, as well as those that are considered to be harmful to the environment. The taxonomy is also designed to be flexible, so that it can be updated as new scientific evidence becomes available.