EU Taxonomy for sustainable activities: incentivising Europe’s enablers of the green transition
The European Green Deal sets very ambitious goals- reaching climate neutrality by 2050 and environmental sustainability- which require a substantial amount of financing. The EU Taxonomy aims to help redirecting much needed private finance towards sustainable activities, technologies and projects that underpin Europe’s goals. To do so, it aims to classify which economic activities are sustainable by setting technical criteria.
Given the sheer amount of economic activities that needs to be assessed and time pressure due to the climate urgency, this event will provide a timely discussion about the development of this important regulation, while addressing key concerns that can impact the success of its implementation:
How to make sure that relevant activities contributing to the green transformation are in the scope of the EU Taxonomy delegated acts?
How to ensure that taxonomy criteria are easily applicable, while avoiding greenwashing in the financial market?
What will be the long- and short-term impact on Europe’s competitiveness? What is the right balance new financing conditions, companies transition towards more sustainable models and their competitiveness and innovation?
Date: TBC. More details about this event will be available soon - watch this space!
This event is organised by the European Parliament Intergroup ‘Sustainable, long-term investments & competitive European industry’, established by MEPs from across the political spectrum seeking to promote dialogue on the future of industry and investment in Europe. Orgalim is running the work of the Intergroup Secretariat, together with other stakeholders. Read more about the Intergroup here.