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Making the Connection
book

Making the Connection

by Peter Sammons
May 2024
Intermediate to advanced content levelIntermediate to advanced
282 pages
6h 3m
English
Business Expert Press
Content preview from Making the Connection

APPENDIX 4

Taxonomy 1—Why?

Key Point Summary

The EU describes its taxonomy as “a tool to help investors, companies, issuers and project promoters navigate the transition to a low-carbon, resilient and resource-efficient economy.”

The EU taxonomy is a classification system of “environmentally sustainable economic activities.”

It was created to help investors make “green” investments.

Six environmental objectives were identified:

1. Climate change mitigation

2. Climate change adaptation

3. Protection of water and marine resources

4. Transition to a circular economy

5. Pollution control

6. Protection of ecosystems

It specifies how each activity can contribute to each objective.

To be taxonomy aligned, an activity must contribute to at ...

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Publisher Resources

ISBN: 9781637425992