cover image: Delivering 2030: Investor expectations of EU sustainable finance - April 2024

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Delivering 2030: Investor expectations of EU sustainable finance - April 2024

16 Apr 2024

The Commission should commit to addressing these issues by reviewing the usability of the DNSH criteria in the next mandate and acting on the recommendations leveraging the recommendations in the PSF’s 2022 report on data and usability, including:20 Ќ Reviewing and grouping similar criteria together to streamline total number of DNSH criteria; Ќ Ensuring all SC and DNSH criteria have clear Yes/No. [...] The criteria for transitional activities under the Taxonomy are clearly defined, including the avoidance of carbon lock-in and the development and deployment of low-carbon alternatives, while remaining compatible with the goals of the Paris Agreement. [...] To address interpretative uncertainties and advocate for an ambitious and consistent approach within the sector, Asper made the strategic decision to join as a supportive member of the research group ‘Applied EU Taxonomy – the case of District Heating’, focused on analysing the impact and applicability of the EU Taxonomy on the district heating sector. [...] These activities should be prioritised according to the severity and materiality of the adverse impacts identified and the size of the holdings in, and access to, the investment. [...] To address some of these issues, it is recommended that the Commission implements the recommendations proposed by the PSF43 to establish greater coherency between these metrics, including: Ќ Clearly distinguishing between environmental DNSH in reference to the Taxonomy and DNSH of SFDR, which is assessed against PAI indicators; and Ќ Enhancing the consistency of the PAIs with the Taxonomy by align.
Pages
62
Published in
United Kingdom