La route vers une taxonomie européenne (1) n’a pas été facile

The author criticizes the European Commission for seeking advice on making the EU taxonomy more inclusive of 'non-green' sectors, arguing that this is a concession to polluter lobbyists. The text asserts that the taxonomy's purpose is to identify activities contributing to the ecological transition and improve transparency, rather than simply rewarding marginal carbon improvements. It concludes that instead of weakening the current framework, the EU should develop a 'significantly harmful' taxonomy to actively divert funds away from environmentally damaging activities.

• The European Commission requested the Platform on Sustainable Finance in January 2021 to provide advice by mid-March 2021 on using the EU taxonomy framework to enable financing for the transition to a sustainable economy.
• Opponents of the taxonomy argue that its criteria are too restrictive for 'hard to abate sectors', claiming that excluding these activities blocks their transition and harms their competitiveness.
• The EU taxonomy is designed to define conditions under which an activity contributes to European environmental objectives without causing 'significant harm' to others, focusing on performance levels compatible with ecological transition rather than simple improvements over current levels.
• The current EU taxonomy primarily serves to increase transparency for non-financial companies and financial institutions, requiring them to disclose the extent to which their activities or products align with the framework.
• The author proposes the creation of a 'significantly harmful' taxonomy as a complementary tool for supervisory authorities to establish a common climate language and reduce financial support for activities contrary to climate goals.

APA

admin (2021). La route vers une taxonomie européenne (1) n’a pas été facile. Reclaim Finance. https://reclaimfinance.org/site/2021/01/28/taxonomie-ameliore-transparence-pas-epouvantail/

Chicago

admin. La route vers une taxonomie européenne (1) n’a pas été facile. Reclaim Finance, 2021. https://reclaimfinance.org/site/2021/01/28/taxonomie-ameliore-transparence-pas-epouvantail/.

Wikipedia

{{cite press release |last1=admin |title=La route vers une taxonomie européenne (1) n’a pas été facile |publisher=Reclaim Finance |date=28 January 2021 |url=https://reclaimfinance.org/site/2021/01/28/taxonomie-ameliore-transparence-pas-epouvantail/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{admin2021route, author = {admin}, title = {{La route vers une taxonomie européenne (1) n’a pas été facile}}, publisher = {Reclaim Finance}, year = {2021}, month = jan, url = {https://reclaimfinance.org/site/2021/01/28/taxonomie-ameliore-transparence-pas-epouvantail/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }