CAN Europe submission to consultation on EU Sustainable Finance Taxonomy

Financing the transition

This document sets out our feedback to the European Commission’s draft Delegated Act on the EU Sustainable Taxonomy, for economic activities having a substantial contribution to climate mitigation and climate adaptation while doing no significant harm (DNSH) to climate and environmental objectives.

Given the EU Taxonomy’s applicability in EU regulation on corporations and private investment, in EU budget spending programmes, and its gradual adoption by the EIB, it has the potential to drastically improve current approaches to climate tracking and to guiding investments to support the achievement of increased ambition in EU climate and energy targets.

CAN Europe response EU Taxonomy