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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. Their inclusion appears to be the result of a political compromise with Member States rather than of scientific appraisal as in the case of nuclear energy.

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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). On 14 January 2020, a proposal of regulation establishing the Just Transition Fund was published, detailing the rules that should apply to it. - Article 7 of the proposed regulation on JTF sets the legal regime for these plans.