On Friday 29 November, the European Commission published a notice designed to help stakeholders implement the European rules (Regulation 2020/852 and implementing acts) governing the EU taxonomy, a classification system for sustainable economic activities.
This document provides technical clarifications on various elements of the EU taxonomy. In particular, it deals with the application of the ‘taxonomy’ regulation’s general requirements as well as technical monitoring criteria for the specific activities included in the delegated acts relating to climate and the environment.
It also addresses the ‘do no significant harm’ (DNSH) principle, which ensures that economic activities contributing to one of the environmental objectives defined in the ‘taxonomy’ regulation do not cause significant harm to another environmental objective.
In addition, the reporting obligations for activities covered by the delegated acts on climate and the environment have been clarified.
See the European Commission’s notice: https://aeur.eu/f/ek7 (Original version in French by Mathieu Bion)