Environmental Coalition Challenges Sweeping EU Finance Policy, Seeking to Block Investment in Bioenergy & Unsustainable Forestry
Extrait : « As the European Commission pushes forward with new rules on so-called “sustainable” finance for bioenergy and forestry, a coalition of non-governmental organizations from across the EU– supported by partners in the UK and USA–are challenging the Commission’s actions as unscientific and in clear violation of the underpinning Taxonomy Regulation enacted by Parliament.
Elsie Blackshaw-Crosby of NGO the Lifescape Project, a convener and co-author of the legal challenge, said, “Rather than giving investors assurance that their investments are genuinely ‘green’ and environmentally friendly, the Taxonomy has turned into a big greenwashing exercise. We believe that the criteria adopted for bioenergy and forestry are unlawful and we’re holding the EU to account.”
The challenge is brought by NGOs Save Estonia’s Forests, ROBIN WOOD (Germany), Clean Air Committee (Netherlands), Workshop for All Beings (Poland), ZERO (Portugal), 2Celsius (Romania), and Protect the Forest (Sweden). Two legal teams, Clementine Baldon of Baldon Advocats and Peter Lockley and Ben Mitchell of 11KBW spearheaded the case, with legal and scientific support by the Lifescape Project and the Partnership for Policy Integrity. An additional 50 NGOs signed an open letter to the EC declaring their support for the review and challenge ».
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