Investors will reject EU 'green' label for gas and nuclear

BRUSSELS - An international group of 60 investors representing around €9 trillion has warned against including gas and nuclear in the new European taxonomy [classification] on sustainable finance.

The Net-Zero Asset Owner Alliance has said, in a letter seen by Bloomberg, that the inclusion of gas "would be inconsistent with the high ambition level of the EU taxonomy framework overall".

 

 

 

 

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