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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