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Do countries need a system to distinguish green from greenwash? Do we need a system to know green from greenwash ?

Do countries need a system to distinguish green from greenwash? Do we need a system to know green from greenwash ?
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Do countries need a system to distinguish green from greenwash ?

Those big, problematic issues have been shunted off to a later date, to be dealt with after the summer. But there is no guarantee of a quick resolution on what is green and what is not. Even the draft document’s inclusion of forestry and bioenergy as forms of green economic activity is controversial. Thirteen months from the first version of its green taxonomy, the only classification Europe seems able to agree on is difficult. Does it even matter? Yes, in the sense that Europe’s labelling effort is the first by a leading regulatory body to create a green gold standard for investment.

Brussels faces backlash over delay to decision on whether gas is green

Brussels faces backlash over delay to decision on whether gas is green Mehreen Khan Share Brussels | The European Commission is facing a political and scientific backlash over its decision to delay part of its landmark classification system for investors in an attempt to resolve a dispute about how to label energy sources such as natural gas and nuclear power. Brussels on Wednesday (Thursday AEST) published a new draft of its proposals on how to classify industries that generate 80 per cent of emissions in Europe. The green labelling system, known as the taxonomy for sustainable finance, will cover 40 per cent of the EU economy.

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