ERT Expert paper – Priorities on the EU Taxonomy

ERT supports the overall objective of the EU Taxonomy to help to mobilise finance towards environmentally sustainable activities. The practical complexities of the implementation of the EU Taxonomy Regulation need to receive sufficient attention and need to be addressed in more detail, based upon an intensive dialogue with actors from the real economy.

In this Expert paper, ERT addresses the following aspects:

1. Unrealistic timeline, uncertainty and extensive cost and effort
2. Complexity and high administrative effort
3. Scope of the Taxonomy
4. Sensitive information and disclosure