The EU Taxonomy: Natural gas and nuclear power are not sustainable investments
On 1 December 2021, the European Commission is expected to publish the supplementary EU Taxonomy Climate Delegated Act. The Club of Rome is calling for the taxonomy to support global climate goals and not allow progress to be undermined by national interests.The development of an EU-wide classification system for sustainable activities - the EU Taxonomy - is a central tool in the sustainable finance agenda. However next week, after sustained political pressure from Member States, the European Commission is expected to include natural gas and related technologies, as well as nuclear power,