Remove 2027 Remove Fossil Fuels Remove Nuclear Power Remove Regulations
article thumbnail

RePlanet Nederland’s review of the draft Delegated Regulation on nuclear energy and gaseous fossil fuels in the sustainable finance taxonomy

Environmental Progress

In order to steer investment toward environmentally sustainable activities, the European Union launched the Taxonomy Regulation framework to define activities deemed sustainable. Notably, in the same proposal, the Commission has also included screening criteria for gaseous fossil fuels. 31 1(a)).

article thumbnail

European Green Deal - What is the Just Transition Mechanism?

Energy and Climate Law

To do so, this mechanism will mobilise at least €100 billion in investments over the period 2021-2027 (p.1). In a nutshell, the European Commission acknowledges that the transition towards a climate-neutral economy will have economic and social impacts, especially on regions that rely on fossil fuels extraction and treatment (e.g.