What is EU Taxonomie?

The EU Taxonomy is a classification system, establishing a list of environmentally sustainable economic activities. It is a key enabler to scale up sustainable investment and to implement the European Green Deal. By providing companies, investors and policymakers with appropriate definitions for which economic activities can be considered environmentally sustainable, it is expected to create security for investors, protect private investors from 'greenwashing', help companies to become more climate-friendly, mitigate market fragmentation and help shift investments to where they are most needed.