The final report on EU taxonomy, developed by the Technical Expert Group (TEG) on Sustainable Finance, contains recommendations relating to the overarching design of the Taxonomy, as well as guidance on how companies and financial institutions can make disclosures using the taxonomy. The report is supplemented by a technical annex containing:
- Updated technical screening criteria for 70 climate change mitigation and 68 climate change adaptation activities, including criteria for do no significant harm to other environmental objectives.
- An updated methodology section to support the recommendations on the technical screening criteria.
The TEG has also prepared excel tools to help users of the Taxonomy to implement it in their own activities.
The COVID-19 pandemic is causing an unprecedented global health crisis and socio-economic upheaval and led to severe consequences well beyond previous crises of the last decades which...