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Investor clash on gas and nuclear muddies EU green finance drive
European efforts to reach a common definition of sustainable investments risk fragmenting the market they aimed to unify, as investors are deeply divided over which energy sources should count as green.
read more... 26/01/2022
EU advisers concerned about plan for green labels on gas, nuclear investments
Experts advising on the European Union's sustainable finance taxonomy are concerned a draft plan to include gas and nuclear relies too heavily on promises to make those fuels green in future, rather than assessing their real impact today.
read more... 19/01/2022
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Investor group warns EU against labelling gas investments as green
A coalition of investors managing 50 trillion euros ($56.81 trillion) has warned the European Union not to label natural gas investments as sustainable, saying Brussels' draft plan to do so would weaken its global leadership on green finance.
read more... 13/01/2022
Commission to table green investment rules for gas and nuclear early next year
The European Commission plans to finish next year its long-awaited proposal on whether to label gas and nuclear energy as climate-friendly investments under EU green finance rules, its environment policy chief said on Monday (20 December).
read more... 22/12/2021
Fate of EU green taxonomy ‘now in the hands of von der Leyen’
European Commission President Ursula von der Leyen has taken charge of a soon-to-be-published list of sustainable investments amid controversy around the possible classification of fossil gas and nuclear energy as “green” or “transitional” activities under certain conditions, according to several sources familiar with the process.
read more... 13/12/2021