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Greetings and welcome to EURACTIV’s Green Brief. Below you’ll find the latest roundup of news covering energy & environment from across Europe. You can subscribe to the weekly newsletter here.
After a failed attempt last year, the European Commission is finally presenting today (21 April) its first batch of implementing rules under the EU’s sustainable finance taxonomy, laying down detailed technical criteria for what can be labelled a “green” investment in the EU.
In doing so, the EU executive will also open a new chapter in what can now be branded as the European ‘taxonomy wars’.
The first chapter was opened in December 2019 when Britain and France – backed at the time by Bulgaria, Czechia, Hungary, Poland, Romania, Slovakia, and Slovenia – blocked a deal on the EU taxonomy regulation, the overarching law which sets out the key principles of sustainable finance at European level.