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Commission to table green investment rules for gas and nuclear early next year
(EurActiv, 21 Dec 2021) The European Commission plans to finish next year its long-awaited rules on whether to label gas and nuclear energy as climate-friendly investments under EU green finance rules, its environment policy chief said on Monday (20 December).
The European Union’s executive Commission is considering whether to include nuclear and natural gas in its “sustainable finance taxonomy”, a rulebook that will restrict which activities can be labelled as climate-friendly investments.
“We are going to have most likely a discussion tomorrow in college, which then will lead… to approval next year,” EU environment commissioner Virginijus Sinkevičius told a news conference on Monday, referring to the Commission’s weekly “college” meeting.
Before the Commission publishes its proposal for the rules, it must share them with member states and its group of expert advisers from finance, industry and civil society groups.
The Commission is expected to start the consultation process before the end of the year, which would mean the proposal itself would not be published until January 2022.
EurActiv, 21 Dec 2021: Commission to table green investment rules for gas and nuclear early next year
