Biodiversity catching up to climate as EU advisers outline details on taxonomy

The publication of technical guidance on the EU green taxonomy has added impetus to the growing weight of measures ensuring that investors and corporates adequately consider the impact of their decisions on biodiversity.

The EU’s Platform on Sustainable Finance published a report on how the taxonomy can be expanded to include intermediate activities that would help transition to a greener economy on March 28, highlighting the need to avoid significant harm to biodiversity as well as other environmental objects.