Traffic lights for sustainable finance

The European Union developed its sustainable finance taxonomy to provide investors, companies and policymakers with a classification system for green economic activities. Its goal is to scale up the flow of investment into initiatives that will substantially help the bloc to reach climate neutrality by 2050, reports Beatriz Santos.

Issue 05 – 2022

At the Berlin Energy Transition Dialogue event, held in March, a panel on green finance discussed the role of the EU sustainable finance taxonomy in removing barriers to funding for renewable energy projects.

Image: Photothek/Berlin Energy Transition Dialogue

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