The EU Taxonomy: Financing the Transition through Sustainable Investing

Abstract

The EU Taxonomy is the cornerstone of the European Sustainable Finance Strategy. It is a robust, science-based transparency tool for determining environmentally sustainable economic activities. It plays a crucial role in enabling informed investment decisions and driving additional investments towards a climate-neutral and sustainable economy. But the Taxonomy is, first and foremost, a tool for companies to access the capital they need to finance their transition to net zero and green their activities.