News 2020

FIEC finalised input to upcoming delegated acts for the EU Taxonomy!

FIEC finalised input to upcoming delegated acts for the EU Taxonomy!

 

Sustainable finance with the EU Taxonomy at its heart is the key to achieving a sustainable recovery after the crisis. This is particularly the case for the construction sector which is essential for making the transition to a more sustainable economy a reality. The investment gap for the sector is immense. Filling this gap by targeting sustainable construction projects, i.e. buildings and infrastructure, will bring benefits for the entire economy and will make a significant contribution to the realisation of the Green Deal’s objectives.

 

The sector’s key role for the transition to a green economy is undisputed and is reflected in the EU Taxonomy’s scope as proposed by the TEG. Unsurprisingly, it encompasses a wide range of construction activities which might be even extended in future.

 

The EU Taxonomy can become a real success story by…

 

• Supporting the enforcement of the EPBD by aligning eligibility with existing
and recently adopted legislation instead of imposing stricter requirements 

• Making it a supportive instrument for the renovation wave considering technical feasibility and associated costs of screening criteria 

• Aligning DNHS criteria with existing legislation 

• Considering the entire value chain when assessing compliance with screening criteria 

• Exploiting the full potential of sustainably constructed infrastructure for climate change mitigation 

• Fostering maintenance of water supply networks 

 

Check out FIEC Reaction to the Taxonomy Chapter 

 

--> on "Construction and Real Estate Activities"

 

--> on "Infrastructure for low carbon transport (land transport)"

 

--> on "Water collection, treatment and supply"

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