Highlights from KFSK s on-going COVID-19 program kfsk.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kfsk.org Daily Mail and Mail on Sunday newspapers.
The European Commission has asked advisors to rework the EU’s green finance taxonomy rules after member states rejected draft implementing guidelines, unhappy about the exclusion of gas as a “transition” activity towards net-zero emissions.
“On Wednesday, 20 January, we requested the Platform on Sustainable Finance to provide further input on the taxonomy framework,” said Aikaterini Apostola, an EU Commission spokesperson.
“They will provide this input by mid-March,” she told EURACTIV in emailed comments, explaining that the idea is to examine how the taxonomy “could facilitate all companies to transition toward improving their environmental performance.”
The exact date of publication of the new draft rules is still unclear but EURACTIV understands it is unlikely to happen before the end of March or early April.
Highlights from KFSK s on-going COVID-19 program kfsk.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kfsk.org Daily Mail and Mail on Sunday newspapers.
Posted on December 16, 2020
Green New Deal: Lessons Learned from the Republic of Korea, Rwanda and European Union
COVID-19 Pandemic is a challenge that has long-term implications beyond the public health sector with impacts on the global economy and overall attainment of the 2030 agenda for sustainable development. The enormous health, economic, and social crises resulting from the Pandemic is also an opportunity to utilize the funds for smart recovery by undertaking wider-reaching and fundamental restructuring of critical sectors and activities. It makes economic sense to plan the recovery packages to be green and the transition to low-emission climate-resilient and resource-efficient economies in socially inclusive ways. This green recovery pathway, by definition, means steering away from perverse economic incentives such as fossil fuel subsidies and investing in economically competitive renewable energy options. This pathway enables the creation of green jobs while ensuring ad