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January 16, 2024

Non-profits launch yet another challenge against EU taxonomy

The non-profits say under the current taxonomy, all the order books of budget airlines Ryanair, easyJet and Wizz Air could be considered suitable for sustainable investment. (Photo: Chris Ratcliffe/Bloomberg)
The non-profits say under the current taxonomy, all the order books of budget airlines Ryanair, easyJet and Wizz Air could be considered suitable for sustainable investment. (Photo: Chris Ratcliffe/Bloomberg)

After challenging the European Commission decision to allow gas and nuclear power to be considered ‘sustainable’ under its taxonomy, environmental groups are now taking the EU executive to task over its plans for aviation and shipping

The EU’s green taxonomy – designed to provide clarity over sustainable investments – is once more under fire, as a group of non-governmental organisations launches a further legal challenge against the European Commission.

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