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Showing posts from February, 2023

What Is a Taxonomy

The concept of a taxonomy has long been discussed in the banking industry and exchanged ideas through the stages. Completing the taxonomy regulation proposal was a long process. The announcement of the decision to draft an sfdr reporting template regulation illustrates the fact that the industry, as well as the member state governments, are concerned regarding a proposed taxonomy that may have a negative impact on the financing of unsustainable projects (e.g. climate change and energy projects). The proposed regulation proposed by the Council of the European Economic and Monetary System (EMinition) aims to force funds to be identified as sustainable and sustainable investments . It should be noted however that the proposed regulation has nothing in common with the sfdr reporting template Pension Fund Investment forthcoming regulation and the rollover of  “feeds the plan” scheme proposed in the FoIP CDM 2010 legislation. The Planning Commencement questionnaire, included in t