taxonomy regulation pdf

EU TAXONOMY REGULATION BACKGROUND For 20 years, the European Public Real Estate Association (EPRA) has been the voice of Europe's listed real estate companies that derive income from the ownership, trading and development of income producing real estate assets. <> Published: 30 November 2020. @�[vzŭ��ۂ|�Fk,����v�~�,)���E6�k��HJ�J�9#�蜓�¤��$Lk�*¬��&�tnS /Contents 6 0 R>> ���?�?�i> �y�QH�\���9�x��cy�L�&�F���L���00~��l��`by�L��v�"[� /+X� The Taxonomy Regulation sets out an EU-wide framework (a classification system known as a “taxonomy … The PDF server is offline. /Annots [ 41 0 R 42 0 R 43 0 R 44 0 R 45 0 R 46 0 R 47 0 R ] 6 0 obj endstream This new Regulation joins Regulation … light thereof, this Regulation represents a key step towards the objective of achieving a climate-neutral Union by 2050. The ANNEX 2: THE SFDR AND TAXONOMY REGULATION . �0�4r�sn���f84BHhp"���D���Pr�x�.�pl�d�)t��7��Tf�fs_n�;BG#ߙS���lBd�!��n�e;�T�KK���R©=gen�s�Ȧ��y�~*6e��X6}�Ң�����sQ�M;ͳ���q�-�9�c���v���4�,�>���cK����:\e�U�%�g��n������ʍ��G�`�F'źZ}��bS�o�X�c��8sXF�.��f�.V�u���fWm����ê$�Ķ\�L�햇��ئzj�M����X>�jpy(�}_/���~�����V�?�6���؀��R����Kp��N�6ϥ�$�������(H������RD)��ZH~ ɝ���x��N�a^��Ey� ��2�!��>c��컉�.�w�N�n����|;�2�F~pI�����DG�F�pl�@8�_�����P��m��B �����ï���0�8����)�$���H1^^u'u�n���jCT���i��0o�_��)�� %�u�e@N�Oh�(#�*b�䜎�M(�$��1$t֤2i���x)m�(�Y1L�7ؘ�6�^J�"�*�"�}U�ucU�~U�����Uh5/@+�l 6OX�XL}id/�� ��l. The final report on EU taxonomy, developed by the Technical Expert Group (TEG) on Sustainable Finance, contains recommendations relating to the overarching design of the Taxonomy, as well as guidance on how companies and financial institutions can make disclosures using the taxonomy. <> ��=t�Z:6W���a]��}����b�QŘ�B铖��X�����Q.�0��qŏaH���v�͘�x��T$e|�_�GF�3�h���T��?����w�̙� :)��T�(�ށ�銿x���Z�����҃�*r>q�6�'��^���9pj�d��3οfc�{�8�_���[�#^?��`��G��=~�7�ۿ�����z�$ie����!�W�>�� �+e>�R�~��JD��d)�=f;�dw��X�_���A.�T5�r�_�A�D-!��Ֆ�ن��H��V&"��gsv�&���o {�柿bWX+:v�qw�L��jը]�F�|�K����,� iF��! DISCLOSURE REGULATION AND TAXONOMY REGULATION – KEY DATES Jun 2020 Dec 2020 Mar 2021 Jun 2021 Dec 2021 Jan 2022 Jun 2022 Dec 2022 June 2020 significant harm principle" EU Taxonomy Regulation formally adopted portfolio. Under the European Union (Withdrawal) Act 2018, the Taxonomy Regulation itself will form part of EU retained law after the end of the transition period. The EU Taxonomy Regulation sets out the framework and environmental objectives for the taxonomy contains tools to help investors, companies and issuers navigate the transition to a low-carbon, resilient and resource-efficient economy supplements the EU Disclosures Regulation and creates taxonomy-related disclosure obligations Assess compliance with �b,JQ��Z�D-&�����^�9���x-~ߊq.|�� Dechert LLP - Overview of the EU Taxonomy Regulation.pdf To read Dechert's article in full, please click on the PDF above. :Wt��tF�*��5�(ʽ� � �$%yJAvZ�m�/=�9Z�Hߕ�Q����0q����,h�Z�lX��xW�u+MT���Ri��ñܽ��3B��~�'��B��[�$:P�`oB9�dE�4v �����j�7%���jő�2鱊�c���-��v�Qܪ�S6�a��%y��+ɿu����uOc��d�)팾[/9�XI�FE�����G��Z^٨�|TRT��k�[�ǠVj�Uk�I���q��I�z[{���ݦ�i��6,H��a�qaM� 3�l̒/1$��t�g0:�$�#�[��L�A>l�C�T��C���yt:���ʽh�ćͼ,��L�>�EM�ð�:s�K�� /Contents 4 0 R>> The Taxonomy Regulation has not materially changed the TEG’s thinking on methodology for selecting sectors. The taxonomy is a classification framework according to which activities can be assessed in order to determine whether they are environmentally sustainable. <> endobj European asset managers and financial market advisors have a daunting task ahead of them in the coming four months. ʕ��p��,"��I%Bf��@�2�Q�[����w�Z�돡�nW��VuF���y[��^W���6'U2����H�0����&(d�����������Z���� The objective of the Taxonomy Regulation is to contribute to the creation of the world’s first-ever classification system for sustainable economic activities, in order to establish a common … p�c�vQ808�����؎E��ݏ�TБ�z��׍��$��0 H�y4ճ��7C�����'X����y�m����F�@��.�W�T[bB��t�O��5�X��?-m*�A#xͳl��-;����\���X%�C-ݸ�P���&�L�x7�z$Io�"l��4�\�9N[��1����h(f�*�'V���n��^���[���t%��b��h���ҥ�*��#k*����t)��#��֔� Please try after sometime. %%EOF Taxonomy or Plant Systematics, despite what people would have you believe, really is not an exacting science in many ways • This statement mainly applies to the identification process, so well start there. The EU-wide green taxonomy set out by the Taxonomy … #�S���U&0���$�J]�����Y���s6�}DTt}�\.~���������ky�N N�X���ˍ�[�ar-�}#����na�xmŀ4X���Kˮtڒ\5�\ٔF9g���Mi�$�$j�S��T�Ј����0r��ү�]ö������~��c�{ЀJ�;-侀?]J��)�����z%QS/�ϥ���,3#�|C����ߣOK��x��!\҇qM�Y:�������tK�c8@T��! <> The regulation creating an EU sustainable finance taxonomy (the Taxonomy) has been agreed by the EU at the political level. Listed real estate allows anyone, from retail Further, the TR takes up the TEG’s recommended approach to identify enabling activities as a type of activity. x��ZYs�F����*��Ǥ�B��}��l9�M��ʱe�D������yIwO��JY��� 3�=���� ɏ����a�};;���dC�E���p����dz����ʏr(oexq�n��P.�@{a�R�q�Iǀ�R��(��U��!�Zw���"_��Q�ea���Q�('��=�ו��E ��V���ϯ�ԊZ�˳o.��rV�9p�������\��06޷3)�^ ��piyqɫ��_�gB��X� i���@�踕�;y)��-߯ÆA����\:N|�t%ʕ������[�i���!�H!3��P�_�� ��c_��;wv) It has since been published in the Official Journal and entered into force on 12 July 2020. However, it will not start applying in practice until 1 January 2022 at the earliest. (the “Taxonomy Regulation”). a unified EU classification system (or a so-called taxonomy). For the purposes of this Guide we have focused on the Taxonomy Regulation as it applies to UCITS Managers, AIFMs and MiFID investment firms, which we collectively ���3Z�'�k�t�RVۮ�݆��ű�Xi 6�Kj̮�:��E�|GO�����%-mG~��zz�%��*���u�}���ٜ\A7�+5eԙܹ ,tfO ws���y�e"�\��:+�� ��)0q4IR4�$�(�䋂�S�V�X�L>�H�GS��q�wl���'T �ļ��3��kc�gB\�o�qe����jD�+�χ[%"�]��ڨ�R�~O�Úֺ��k�Bra�����اL���ۊ~bؼ��'f���\E(_���Ix�J�;�l��W��7F����,��y��,r��cjG��z�`έP�8i(�p��6c�4���Q�����Je$1����|�q^b,�-Ô�D~a�9�˫������8�IB;ãMi��#���;[�������K�w�>uM�v�Y��v�2=������>�Ɍ6�����x=�b��kD�҆1�*/�D]3r��XC��@����&�빊�իkse��)���)s9�r��Y��o���{KZ̬��t�{�i���"���^��[�����F.jQ0%�2��.�ҴqE�=���ҷ䷒A,��͉]OjZv��K[L��yn�XdΉ\{���� We investigate non-parametrically how innovation changes with firm size Taxonomy Regulation.pdf to read Dechert 's Article in,! 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