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EU Taxonomy Climate Technical Screening Criteria (TSC) | Allen & Overy LLP


transition to a circular economy;
pollution prevention and control; and
protection and restoration of biodiversity and ecosystems.
An economic activity will be considered to be environmentally sustainable if it complies with all four of the following criteria:
substantially contributes to one or more environmental objectives;
does not significantly harm (DNSH) any environmental objective;
complies with minimum safeguards based on certain human rights standards; and
complies with the Technical Screening Criteria (TSC), which are the detailed conditions for the first two limbs above.
The EU Taxonomy is due to apply in relation to the climate-related objectives from 1 January 2022. The TSC for these objectives were originally due to be adopted by the Commission on 31 December 2020, however these were delayed. ....

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Latest EU sustainable finance rules 'crucial'


On Wednesday (22 April) the European Commission published its ambitious and comprehensive package of three broad measures to encourage capital flows towards sustainable activities across the EU.
The EU Taxonomy Climate Delegated Act aims to support sustainable investment by making it clearer which economic activities most contribute to meeting the EU s environmental objectives.
Secondly, the Corporate Sustainability Reporting Directive (CSRD) aims to improve the flow of sustainability information in the corporate world.
Finally, the commission has amended six Delegated Acts on fiduciary duties, investment and insurance advice that will ensure that financial firms, such as asset managers, include sustainability in their procedures and their investment advice to clients . ....

Dominik Hatiar , Linklaters Julia Vergauwen , European Fund , European Parliament , European Commission , Asset Management Association , Technical Screening Criteria , Climate Delegated Act , Corporate Sustainability Reporting Directive , Delegated Acts , Norton Rose Fulbright Daniel Nevzat , Delegated Act , Sustainable Finance , Member States , Recovery Plan , Esg Regulation , Eu Taxonomy , ஐரோப்பிய நிதி , ஐரோப்பிய பாராளுமன்றம் , ஐரோப்பிய தரகு , சொத்து மேலாண்மை சங்கம் , தொழில்நுட்ப திரையிடல் அளவுகோல்கள் , நிலையான நிதி , உறுப்பினர் மாநிலங்களில் , மீட்பு திட்டம் ,

RELEASE: CAP Proposes Gold, Silver, and Bronze Rankings for Green Muni Bonds

RELEASE: CAP Proposes Gold, Silver, and Bronze Rankings for Green Muni Bonds
americanprogress.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanprogress.org Daily Mail and Mail on Sunday newspapers.

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EU ESMA Sustainability Taxonomy Regulation


Wednesday, March 10, 2021
Regulation”) was published in the Official Journal on 22 June 2020 and entered into force on 12 July 2020. The Regulation established an EU-wide framework for classifying economic activity as environmentally sustainable and aims at (1) reducing “greenwashing”, where financial products are marketed as environmentally sustainable without sufficient factual basis for their claims and (2) improving the efficiency of private investment in sustainable projects.
An economic activity is classified as an environmentally sustainable activity (an “
Activity”) if it:
contributes substantially to one or more of the environmental objectives (set out in Article 9 of the Regulation) (the “
Objectives”), or directly enables other activities to make a substantial contribution to one or more of them; ....

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