About: Taxonomy
EU taxonomy should be led by science to drive sustainable investment
Meeting the climate target requires rapid realignment and mobilisation of finance at a massive scale. To avoid greenwashing, the EU's sustainable finance taxonomy needs to establish screening criteria, rooted in science and linked to the metrics of climate change, writes Peter Sweatman.EU green finance rules at risk of deviating from science
Some of the draft emission thresholds contained in the EU's sustainable finance taxonomy are not aligned with climate neutrality and deviate from scientific evidence, raising concerns about political and industry pressure, write Tsvetelina Kuzmanova and Sara Dethier.The EU’s green finance taxonomy: an Orwellian mechanism
The European Commission’s sustainable finance taxonomy bears all the hallmarks of failed governance: opacity, imprecision, and subjectivity with a punitive approach albeit not assumed, writes Daniel Guéguen. In short, it’s an Orwellian mechanism, he argues.Finance: becoming green while in the red
Money talks, but it also needs to listen: listen to the demand for change for a financial system that takes account of non-financial issues, from climate change to social inclusion, writes Commissioner Mairead McGuinness.Promoted content