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February 27, 2023

Explainer: Where does the UK stand with its taxonomy?

Big Ben and the UK parliament
The UK government transposed the EU Taxonomy Regulation into its own legal framework following Brexit. (Photo: Nannakim/Dreamstime)

The British government is biding its time over legislating for its green taxonomy.

The UK taxonomy, which will aim at defining environmentally sustainable investments through a common framework, was due to enter UK secondary legislation last year. The government is taking its time, however.

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