The European Commission question on the taxonomy issue is still not settled.
Policy making timeline
Adoption of a Delegated Act for economic activities substantially contributing to the objectives of
- sustainable use and protection of water and marine resources
- transition to a circular economy
- pollution prevention and control
- protection and restoration of biodiversity and ecosystems
Amendments to add economic activities to the list of those substantially contributing to the objectives of climate change mitigation and adaptation, and to clarify the reporting obligations for the additional activities. The delegated acts were approved in principle on 13 June 2023 and adopted on 27 June 2023.
Second mandate of the Platform on Sustainable Finance.
Publication of a Complementary Climate Delegated Act in the Official Journal, including, under strict conditions, specific nuclear and gas energy activities in the list of economic activities covered by the EU taxonomy.
The delegated act applies as of January 2023.
The criteria for the specific gas and nuclear activities are in line with EU climate and environmental objectives and will help accelerate the shift from solid or liquid fossil fuels, including coal, towards a climate-neutral future.
Publication of a Delegated Act supplementing Article 8 of the Taxonomy Regulationin the Official Journal.
This Delegated Act specifies the content, methodology and presentation of information to be disclosed by financial and non-financial undertakings concerning the proportion of environmentally sustainable economic activities in their business, investments or lending activities.
Publication of a Delegated Act on sustainable activities for climate change adaptation and mitigation objectives in the Official Journal.
The delegated act applies as of January 2022.
The publication of the first Delegated Act was accompanied by the adoption of a Commission Communication on ‘EU taxonomy, corporate sustainability reporting, sustainability preferences and fiduciary duties: Directing finance towards the European green deal’ that aimed at delivering key messages on how the sustainable finance toolbox facilitates access to finance for the transition. This Communication builds on the transition finance report adopted by the Platform on Sustainable Finance in March 2021.
First mandate of the Platform on Sustainable Finance.
Nuclear Power Related Media Thread, page-4135
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