DUFAS proposes improvements to EU taxonomy

Views & publications EU taxonomyLetterSustainability
A man and a child planting a tree together in a sunlit park.

The European Commission is gathering input for improvements to the EU taxonomy, the classification system that establishes criteria for environmentally sustainable economic activities. The taxonomy is an important tool and is at the heart of the EU's sustainable financing framework.

We as DUFAS provided input on several areas of the framework that, from the perspective of global investors, would benefit from further improvement. In particular, our suggestions relate to:

  • Improving the applicability of the framework for non-EU assets;

  • The limited added value of minimum safeguards for renewable energy projects within the EU;

  • Simplifying the assessment of Taxonomy Alignment for certain private market investments; and

  • Strengthening the connection of Real Estate Taxonomy Indicators by referring to CRREM.

As the European Commission plans to adopt the revised delegated acts in the second quarter of 2026, we continue to closely monitor further initiatives in this area.