*[Enwl-inf] EU Taxonomy Ten Points Statement released - Support if possible!
ENWLine
From: Henry Eviston <hevi...@wwf.eu>
Date: Mon, May 25, 2020 at 4:26 PM
Subject: EU Taxonomy Ten Points Statement released - Support if possible!
SUGGESTED TWEETS (or RT HERE):
The EU’s plan to end greenwashing in the finance sector must not fall at first hurdle!
Nuclear & gas are NOT sustainable and should not be included in taxonomy.
94 NGOs agree - RT if you do too! #stopfakegreen
https://www.wwf.eu/?uNewsID=363792
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Hydropower, bioenergy & forestry can easily do more harm than good to climate & nature
94 NGOs say @EU_Commission must tighten rules on what counts as sustainable
Follow the science to #stopfakegreen in EU taxonomy!
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The taxonomy can guide the EU’s green recovery spending |
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For immediate release |
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NGOs set out
demands for EU sustainable taxonomy
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Nearly 100 NGOs have signed a list of ten priorities for an effective and science-based EU taxonomy. If done properly, the taxonomy should help end greenwashing in the finance sector by showing which investments are truly sustainable. The taxonomy can also play an even bigger role, helping the post-crisis EU economy become more resilient by guiding the EU’s green recovery spending. The 94 NGOs, which include WWF, 350.org, Transport & Environment and Climate Action Network Europe, ask for criteria suggested by the technical expert advisory group to the Commission (the TEG) to be tightened particularly for forestry, bioenergy and hydropower, where there is a risk of damaging practises being included as sustainable. For example on bioenergy, they ask for the European Commission to exclude tree trunks and stumps from being considered as ‘green’, since burning them for energy actually increases emissions compared to fossil fuels. Sébastien Godinot, Economist at WWF European Policy Office said: “If the Commission gets the taxonomy right, the EU will have a ready-to-use map for green recovery, clearly showing where to invest for a more resilient and sustainable economy. But allowing the taxonomy to be too lax, or including the wrong sectors like nuclear or gas as sustainable, would undermine it from the get-go. We urge the Commission to take our ten asks into account.” The ten demands and full list of signatories are here. Contact: |
HENRY EVISTON | Sustainable Finance Policy Officer |
WWF European Policy Office |
123 rue du Commerce,1000 Brussels, Belgium |
EU Transparency Register Nr: 1414929419-24 |
Mobile: +44 770 602 5686 |
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