EU: BirdLife suspends participation in EU Commission's Platform of Sustainable Finance due to 'Greenwashing'

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Added 2021-04-24

Description

BirdLife Europe is a member of the European Commission’s Platform on Sustainable Finance sharing expertise on what this regulation should look like. Following the release of the Delegated Act on 21 April 2021, BirdLife, alongside other environmental NGOs and consumer associations, suspended their activities in the Platform to "protest the blatant greenwashing the taxonomy would allow". BirdLife points out that harmful logging and bioenergy are being classified as 'making a significant contribution to climate mitigation" without any "significant harm" to biodiversity.

Location

European Union