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EMEA

EU Taxonomy Delegated Acts “Ignore Scientific Advice”

Consultation respondents diverge over technical screening criteria for companies in transition. 

A coalition of NGOs, shareholder associations and sustainable investment associations has called for the European Commission’s (EC) planned sustainable taxonomy to be “rooted in climate and environmental science”.  In response to a consultation on the draft delegated acts (DA) that provides much of the initial detail for the Sustainable Finance Taxonomy Regulation, the 130-strong group said the current text “ignored or weakened the Technical Expert Group’s (TEG) scientific advice for…

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