Satisfaction seems to be in order following the preliminary agreement reached by representatives of the European Parliament and the EU Council on Thursday 5 December on the regulation laying the foundations for the future taxonomy on sustainable finance (see EUROPE B12026A4), which will assess, sector by sector, the environmental sustainability of economic activities.
“We bring clarity to the market on what green financing means”, said Bas Eickhout (Greens/EFA, Netherlands), negotiator...