Sustainable finance: proposed requirements threaten water investments
Following the publication of the taxonomy regulation (EU) 2020/852 (link), the Commission is now working on a draft delegated regulation “establishing the technical screening criteria for determining the conditions under which an economic activity qualifies as contributing substantially to climate change mitigation or climate change adaptation and for determining whether that economic activity causes no significant harm to any of the other environmental objectives”.
The conditions for sustainable investments in the drinking water and waste water infrastructures could seriously jeopardise future investments in water.