Inclusion of gas and nuclear in the EU taxonomy confirmed
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Insights Inclusion of gas and nuclear in the EU taxonomy confirmed 03-02-2022 In a controversial move, the European Commission has decided to include specific gas and nuclear activities in the list of sustainable investments covered by the EU taxonomy. Nordea's Head of ESG Resear
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4 itemsInclusion of gas and nuclear in the EU taxonomy confirmed
The inclusion of gas and nuclear energy in the EU taxonomy marks a significant shift toward bolstering EU energy security and sustainability. Per the full note from Nordea, this decision is likely to foster growth in green investments amidst rising interest rates. This transition reflects the EU's efforts to enhance energy resilience while balancing environmental concerns with economic imperatives. Traders should remain vigilant, as these policy shifts could impact currency flows in Europe, potentially leading to volatility in euro-related pairs.