New Statement of the EU Technical Expert Group on Sustainable Finance (TEG)

    EU’s ekspertgruppe for bæredygtig finansiering (TEG) forslå fem nye principper til EUs genopretningsplan og modstandsdygtighed med henstillinger til anvendelse af den såkaldte taksonomi –  et klassificeringssystem for hele EU der definerer miljømæssigt og bæredygtige aktiviteter.

    The EU Technical Expert Group on Sustainable Finance (TEG)1 was established to advise the European Commission on implementation of the Action Plan for Financing Sustainable Growth. In the context of current negotiations about resilience and recovery measures the TEG proposes five high-level Principles for Recovery & Resilience supported by detailed recommendations for applying the Taxonomy to the EU’s Recovery Package.

    Recovery planning refers to the Multiannual Financial Framework (MFF) and Next Generation EU (NGEU). PRINCIPLES FOR SUSTAINABLE RECOVERY AND RESILIENCE COVID-19 will not be an isolated pandemic. The crisis has its roots in pathogens transferring between species in degraded ecosystems.

    Climate change and biodiversity loss are key drivers of environmental stress. Given the increasing pressure on our environment triggered by climate change and biodiversity loss, experts are warning that we should expect more pandemics. This pandemic is the first of what is likely to be a century of shocks related to environmental degradation.