Taxonomy environmental objectives according to Article 9 of the Taxonomy Regulation are: 

 

 

 

  • sustainable use and protection of water and marine resources (Article 12 of the Taxonomy Regulation);

 

  • transition to a circular economy (Article 13 of the Taxonomy Regulation);

 

  • pollution prevention and control (Article 14 of the Taxonomy Regulation); and

 

  • protection and restauration of biodiversity and ecosystems (Article 15 of the Taxonomy Regulation).

  

Investment in coal will not be considered environmentally sustainable.

 

The concept of maintaining a neutral stance in relation to different energy forms - provided that they are low in greenhouse gas emissions - is retained.

 
Remaining 4 of the 6 EU environmental objectives, i.e.sustainable use and protection of water and marine resources, transition to a circular economy, pollution prevention and control as well as protection and restauration of biodiversity and ecosystems are explained in closer detail in Recitals 26 - 31 of the Taxonomy Regulation.

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Taxonomy Regulation,

Recital 23

For the purpose of determining the environmental sustainability of a given economic activity, an exhaustive list of environmental objectives should be laid down. The six environmental objectives that this Regulation should cover are: climate change mitigation; climate change adaptation; the sustainable use and protection of water and marine resources; the transition to a circular economy; pollution prevention and control; and the protection and restoration of biodiversity and ecosystems.

Article 9
Environmental objectives

For the purposes of this Regulation, the following shall be environmental objectives:
(a) climate change mitigation;
(b) climate change adaptation;
(c) the sustainable use and protection of water and marine resources;
(d) the transition to a circular economy;
(e) pollution prevention and control;
(f) the protection and restoration of biodiversity and ecosystems.