EU governments agree green finance rules

EU governments agreed on Monday the green finance rules under the taxonomy regulation, giving the Finnish EU Council presidency a revised mandate to reach a deal with the European Parliament.

The talks “will hopefully result in a deal,'' an EU official told ENDS.

MEP Bas Eickhout, the Greens/EFA rapporteur on the file, said that “tonight the EP negotiating team will decide, but I expect the EP to endorse the deal”.

Negotiators will hold a shadow meeting in the Parliament on Monday night that might be followed on Tuesday by interinstitutional talks or a written procedure.

The EU sustainable investment taxonomy text, which aims to clarify which economic activities are sustainable, has undergone minor technical changes to accommodate amendments on the climate mitigation objectives  and the 'do no significant harm' clause.

Please sign in to access this article. To subscribe, view our subscription options, or take out a free trial.

Please enter your details

Forgotten password?

Having trouble signing in?

Contact Customer Support at
subs@endseurope.com
or call 020 8267 8120

Not a subscriber?

Take a free trial now to discover the critical insights and updates our coverage offers subscribers.