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PLATFORM ON SUSTAINABLE FINANCE: TECHNICAL …

1 PLATFORM ON SUSTAINABLE FINANCE: TECHNICAL WORKING GROUP Taxonomy pack for feedback August 2021 2 This is a long report. Please think before printing. DISCLAIMER The PLATFORM on SUSTAINABLE Finance (PSF) is seeking feedback on its TECHNICAL work to date. Neither this report nor its specific contents represent recommendations of the PSF. This document is not an official Commission document nor an official Commission position. Nothing in this document commits the Commission nor does it preclude any policy outcomes. 3 Table of Contents ABOUT THIS DOCUMENT .. 5 PART A: EXPLANATION OF THE TAXONOMY APPROACH .. 6 1. Background .. 6 2. Purpose of the Taxonomy .. 7 3. Taxonomy approach explained.

set out in the European Green Deal. 2, the EU will face and pursue various economic reforms, including the decarbonization of the energy system, the transition to a circular economy, and the reverse of the alarming declines in ecosystems and biodiversity. Addressing the

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