Members of the ISBT and other NGOs, have co-signed a letter recommending the European Commission to take 5 key steps on the EU Taxonomy, towards a more environmentally sustainable financial system:

1. Explore the extension of the environmental taxonomy to more categories
2. Adopt criteria for new activities proposed by the Platform on sustainable finance
3. Adopt criteria for new activities, notably the decommissioning of unsustainable activities
4. Tighten existing climate criteria where relevant to align with revised EU climate legislation
5. Include SMEs in the scope of taxonomy reporting for financial institutions.

Find the full letter on this LINK

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