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Green Taxonomy

The European Commission is currently finalising a proposal – to be published by the end of 2019 – for a so-called „Green taxonomy“. Once developed, the taxonomy will be used by national and EU regulators to shape the requirements regarding financial products traded as “green”. Actors of financial markets will use the taxonomy to disclose how the environmental sustainability of investment was defined. To qualify as green, investments will need to contribute substantively to at least one of the six EU environmental objectives and will need to fulfill a catalogue of requirements.

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