Upcoming Webinar | 21 November 2023 | 1.00 – 2.00 PM (GMT)
Date & Time
21 November 2023 | 1.00 – 2.00 PM (GMT)REGISTER
Sustainable finance has seen rising investment in green economic activities including into renewables and recyclables. Attention is now turning to facilitating the transition of higher emissions and hard-to-abate sectors of the economy to sustainability or net-zero — so called transition finance. The European Commission has published practical advice in the form of recommendations explaining that the EU Taxonomy can be used not only to disclose taxonomy-aligned activities and capital expenditures, but to define transition targets and to identify the finance needed to meet them. In this way, the Commission considers that the EU Taxonomy can be used as “forward-looking tool using its criteria as reference points for setting targets.”
In this latest instalment of our Demystifying ESG series, besides considering the Commission’s recommendations generally, we’ll discuss how this “tool” will work in practice across a range of economic activities and how it can be used to compare current with planned environmental performance, as well as a communication tool to articulate transition finance needs.
