French President Emmanuel Macron’s tenure as EU President is already looking historic for Europe, only two months in. Macron promised that the rule of law mechanism would be introduced during his six-month term, pledging “a presidency that promotes values which define us”, and has been at least partly vindicated
The European Commission (EC) is considering classifying investments in nuclear and natural gas as sustainable under its new “green taxonomy” regulations , it said in a statement on 1 January. Brussels aims to cut Europe’s carbon emissions to zero by 2050.
While green stock and bond portfolios do not currently
A group of investors who collectively manage EUR 9 trillion has written a joint statement to the EU urging it not to classify natural gas and nuclear power as sustainable under its new system. The Net-Zero Asset Owner Alliance comprises 60 international finance companies, including Allianz SE, Banco Santander, Barclays,