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On February 15, Representative Warren Davidson (R-OH) announced he will be introducing the “Keep Your Coins Act,” which is intended “[t]o prohibit Federal agencies from restricting the...
The European Commission has today bowed to pressure from France and others, by publishing a set of sustainable finance rules which will do huge damage to the EU and global environmental action.
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...