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Regulation (EU) 2020/852 on the establishment of a framework to facilitate sustainable investment, and amending Regulation (EU) 2019/2088.

Country/Territory
European Union
Document type
Legislation
Date
2020
Source
FAO, FAOLEX
Original source
Official Journal of the European Union L 198, 22 June 2020, pp. 13-43.
Subject
Environment gen., Sea, Water, Wild species & ecosystems
Keyword
Biodiversity Climate change Hazards Ecosystem preservation Environmental planning Environmental standards Marine area Marine pollution Pollution control Protection of environment Risk assessment/management Sustainable development Sustainable use Policy/planning Standards Management/conservation Precautionary principle Freshwater pollution Freshwater resources management Protection of habitats Protection of species
Geographical area
European Union Countries
Entry into force notes
This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union. Articles 4, 5, 6 and 7 and Article 8(1), (2) and (3) shall apply: (a) in respect of the environmental objectives referred to in points (a) and (b) of Article 9 from 1 January 2022; and (b) in respect of the environmental objectives referred to in points (c) to (f) of Article 9 from 1 January 2023. Article 4 shall not apply to certificate-based tax incentive schemes that exist prior to the entry into force of this Regulation and that set out requirements for financial products that aim to finance sustainable projects.
Abstract

This Regulation establishes the criteria for environmentally sustainable economic activities for the purposes of establishing the degree to which an investment is environmentally sustainable. The environmental objectives for the purposes of this Regulation are listed in Article 9 as: (a) climate change mitigation and adaptation; (b) sustainable use and protection of water and marine resources; (c) the transition to a circular economy; (d) pollution prevention and control; and (e) the protection and restoration of biodiversity and ecosystems.

Full text
English
Website
eur-lex.europa.eu

References - Legislation

Implemented by

Commission Delegated Regulation (EU) 2021/2178 supplementing Regulation (EU) 2020/852 of the European Parliament and of the Council by specifying the content and presentation of information to be disclosed by undertakings subject to Articles 19a or 29a of Directive 2013/34/EU concerning environmentally sustainable economic activities, and specifying the methodology to comply with that disclosure obligation.

Legislation | European Union | 2021

Keyword: Environmental planning, Environmental standards, Business/industry/corporations, Protection of environment, Sustainable development, Policy/planning, Standards

Source: FAO, FAOLEX

Commission Delegated Regulation (EU) 2021/2139 supplementing Regulation (EU) 2020/852 by 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.

Legislation | European Union | 2021

Keyword: Climate change, Energy conservation/energy production, Protection of environment, Data collection/reporting, Effluent waste water/discharge, Environmental planning, Environmental standards, Precautionary principle, Public health, Risk assessment/management, Waste management, Policy/planning, Standards, Afforestation/reforestation, Forest management/forest conservation, Sewerage, Freshwater resources management, Pollution control, Freshwater pollution

Source: FAO, FAOLEX

Act No. 25 on sustainability-related disclosure in financial services and a classification system for sustainable investments.

Legislation | Iceland | 2023

Keyword: Fiscal and market measures, Subsidy/incentive, Sustainable development, Access-to-information, Business/industry/corporations, Classification/declassification

Source: FAO, FAOLEX