Sizing the green economy: Green Revenues and the EU taxonomy.

Investors and policymakers face a common challenge: How can green business activities be systematically identified, categorized, and measured across diverse sectors, supply chains and asset classes to mobilize investment at scale?

The greening of the global economy presents significant opportunities to investors. However, investors and policymakers face a common challenge: How can green business activities be systematically identified, categorized, and measured across diverse sectors, supply chains and asset classes to mobilize investment at scale? The EU Taxonomy is an ambitious regulatory initiative that aims to address this challenge, with regulation set to come into force in January 2022. The EU Taxonomy has set out a catalogue of green criteria, leaving markets to assess individual companies against these criteria.

This research paper explains:

• The need for green taxonomies
• The development of and approaches taken by the EU Taxonomy and FTSE Russell’s Green Revenues Classification System (GRCS)
• The overlaps and points of difference between the two approaches
• How GRCS and Green Revenues dataset can provide a steppingstone for investors to comply with the requirements of the EU Taxonomy regulation

To read the full research paper click here.

16 September 2020

ClimateAction