The Taxonomy stands out worldwide for its comprehensive approach to sustainability, which incorporates both environmental and social dimensions in its central design; it aims to promote.
In response, along with 225 scientists, the WWF, financial institutions and NGOs have signed a letter stating that if the leaked text were adopted, the taxonomy would become a greenwashing tool instead of being the gold standard in the fight against greenwashing that it was promised to be.
On a broader level, it would completely discredit the European Green Deal.
“A weak taxonomy will gravely hinder the chance to implement EU climate targets, especially in CEE countries. We need a taxonomy that stops greenwashing and is in alignment with what science tells us,” says Alina Blaga, regional policy lead, WWF Central and Eastern Europe.