The Recovery and Resilience Facility has been the first major EU funding stream to apply the “do no significant harm” (DNSH) principle, a concept initially introduced by the EU Taxonomy regulation. While the principle that no EU-funded projects should harm environmental objectives is certainly a positive step in theory, the application of the DNSH principle in the context of recovery plans has been highly problematic. Evidence from several recovery plans suggests that, in practice, DNSH criteria were insufficient to prevent environmentally harmful investments, and often resulted in no more than a tick-box exercise of compliance with existing EU legislation.
LETTER: Aligning Country Specific Recommendations and fiscal rules with ambitious environmental and climate goals
To: Valdis Dombrovskis, Executive Vice-President of the European Commission Cc: Executive Vice-President Frans Timmermans; Commissioner Johannes Hahn; Commissioner Paolo Gentiloni; Commissioner Nicolas Schmit Dear Executive Vice-President Dombrovskis, We are writing