EURACTIV’S AgriFood Brief says last Friday (13 November), MEPs voted in favour of a non-binding resolution on the Sustainable Europe Investment Plan (SEIP) and financing the Green Deal.
They stressed that one of the objectives of the SEIP should be to ensure a shift from unsustainable to sustainable economic activities, highlighting that only national and regional programmes with the highest potential to achieve these objectives should receive public investment.
The question is, on which criteria will these investments be judged?
That is where the EU Commission’s new TR comes in. The regulation aims to finally put to bed the thorny issue of what constitutes a truly ‘green’ investment.
Its goal is to create the world’s first-ever “green list” of sustainable economic activities, or taxonomy, based on the best scientific knowledge at our disposal.
The EU reached an agreement on its ‘green’ taxonomy in December 2019, but the details of the delegated acts, of which EURACTIV has been privy to a draft version, are still being hashed out.