- European Commission President Ursula von der Leyen has taken charge of a soon-to-be-published list of sustainable investments amid controversy around the possible classification of fossil gas and nuclear energy as “green” or “transitional” activities under certain conditions.
- The European Union is moving closer to integrating nuclear power and natural gas into the bloc’s sustainable finance taxonomy – a set of rules designed to provide investors with a common definition of what is green and what is not in order to channel more capital into sustainable businesses.
- The list of activities that Europe considers “green” or “transitional” investments will be laid down in a so-called ‘delegated act’ adopted by the European Commission setting out detailed implementing rules under the EU’s sustainable finance taxonomy regulation, adopted in December 2019.
Gas and nuclear: Fate of EU green taxonomy ‘now in the hands of von der Leyen’
