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Taxonomy CDA: Greenwashed Fossil Gas as a Bridge to Nowhere Stands to Only Benefit a Handful of Countries, Leaving Crucial CEE Region Behind 

As the consequences of Europe’s problematic dependency on cheap Russian fossil gas have become all too clear, the European Parliament is facing a watershed moment: whether or not to mark unabated fossil gas investments as green. Not only would such a green marking be in direct conflict with the aims of the REPowerEU Communication, but […]

Call for Veto: Legal breach and democratic shortcomings in Taxonomy CDA

Bellona Europa and ClientEarth kicked-off the first event in the planned series on the Taxonomy CDA on the 11th of May. With high level speakers MEP Sirpa Pietikäinen (EPP), Stefan Sengelin (Austrian Ministry of Climate Action, Environment, Energy, Mobility, Innovation and Technology) and Marta Toporek from Client Earth. The aim of the event was to […]

The treatment of fossil gas in EU Taxonomy makes it a tool for greenwashing rather than a solution 

Brussels, Belgium, February 2, 2022 – Today, the European Commission published the complementary Delegated Act amending the treatment of fossil gas in EU Taxonomy, making it a tool for greenwashing rather than a solution.  Despite clear conclusions from the the European Commission expert advisors, form the Platform on Sustainable Finance, that current Delegated Act breach […]