EU Taxonomy: PSF publishes preliminary draft TSC for remaining 4 environmental objectives
On 3 August 2021, the Platform on Sustainable Finance (PSF) published for consultation a draft report (with accompanying annex) with preliminary recommendations on the technical screening criteria (TSC) for the remaining four environmental objectives (water, circular economy, pollution prevention & control, and biodiversity & ecosystems) under the Taxonomy Regulation.
The draft report focuses primarily on presenting a first set of priority economic activities and draft recommendations for associated substantial contribution and do no significant harm (DNSH) TSC in relation to the four non-climate environmental objectives. However, a small number of economic activities and corresponding draft recommendations for TSC related to the climate mitigation and adaptation objectives have also been included. The delegated act which the Commission will eventually adopt (in the first half of 2022) will therefore cover mainly the remaining four non-climate environmental objectives, as well as some additional criteria for the first two climate objectives.
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