Stop Fake Green EU Finance Rules

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WWF EU: “130 NGOs and experts are sounding the alarm on the EU’s green finance rules, the ‘Taxonomy’, and calling for them to be rooted in science. In a detailed joint statement, the groups flag and analyse ten priority areas of concern in the European Commission’s draft, which covers which sectors can be classed as ‘sustainable’ in terms of their climate impacts. The ten areas range from fossil fuels, bioenergy and hydropower to livestock and hydrogen. In many of them, the European Commission appears to have ignored the recommendations of its own Technical Expert Group on the Taxonomy, which were largely science-based and robust…”

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EU Taxonomy: 130 organisations call for science-based green finance rules

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