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.

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