Sustainable finance

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Financing

Sustainable finance

EGEC contribution to the EU Taxonomy Stakeholder Request Mechanism

PUBLISHED: December 21, 2023

EGEC provided its answer to a questionnaire which allowed stakeholders to suggest potential revisions of existing activities that are already covered in an EU Taxonomy Delegated Act in force (see Taxonomy Climate Delegated Act and Taxonomy Complementary Delegated Act) or under scrutiny by EU co-legislators (see Taxonomy Environmental Delegated Act and amendments to the Taxonomy Climate Delegated Act) or to suggest new economic activities that should be added to the EU Taxonomy. 

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POLICY DOCUMENTS

EU Climate and energy framework, Financing

Sustainable finance

EGEC Factsheet on Sustainable Finance and Geothermal Energy

PUBLISHED: June 8, 2022

download the factsheet

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POLICY DOCUMENTS

Financing

Sustainable finance

EGEC letter to the members of the Platform on Sustainable Finance

PUBLISHED: September 24, 2021

EGEC sent an official letter to the members of the Platform on Sustainable Finance to ensure that the “Full list of Technical Screening Criteria” in Annex B accurately reflects the environmental benefits of geothermal technologies.

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POLICY DOCUMENTS

Financing

Sustainable finance

No gas in ‘green’ Taxonomy

PUBLISHED: September 24, 2021

As the European Commission prepares criteria for supplementary Delegated Act in Autumn, NGOs outline how including gas in the Taxonomy would turn it into a greenwashing tool, completely undermining its credibility and sending a disastrous global signal.

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POLICY DOCUMENTS

Financing

Sustainable finance

EGEC response to the public consultation on the draft report on preliminary recommendations for technical screening criteria for the EU taxonomy

PUBLISHED: September 24, 2021

EGEC’s contribution is focused on three main priorities:

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POLICY DOCUMENTS

Financing

Sustainable finance

EGEC reacted to the European Commission’s proposal to include gas for electricity generation in the EU Sustainable Finance Regulation

PUBLISHED: March 18, 2021

In its statement, EGEC strongly highlighted that fossil methane does not have a role in the EU’s Sustainable Finance Taxonomy Regulation.

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POLICY DOCUMENTS

Financing

Sustainable finance

EGEC key recommendations on the sustainable finance and geothermal energy

PUBLISHED: July 16, 2020

The sustainable finance regulation is a key opportunity to unlock the access to public and private finance for key renewable energy technologies, allowing the EU to implement its decarbonisation objectives. The implementation of the sustainable finance regulation, the establishment of a sustainable finance framework and the financing of sustainable investment however requires stakeholders to understand the needs of specific technologies that actively contribute to these objectives.

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POLICY DOCUMENTS

Financing

Sustainable finance

EGEC inputs to the consultation on the rules for sustainable investments: for a framework in favour of geothermal that does not support fossil fuels

PUBLISHED: April 24, 2020

Inception Impact Assessment on a Delegated Regulation on a climate change mitigation and adaptation.

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POLICY DOCUMENTS

Energy Transition, Environmental legislation, Financing

Sustainable finance

EGEC Response to the public consultation on sustainable finance

PUBLISHED: September 20, 2019

Sustainable finance is an increasingly important topic in European policy making. A proposed regulation by the European Commission on this topic will have a major impact on the private financial sector, and its relationship with geothermal and other renewable energy investments.

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POLICY DOCUMENTS

Energy Transition, EU Climate and energy framework, Financing

EIB, Sustainable finance

EGEC contribution to the EIB consultation on energy lending criteria

PUBLISHED: March 29, 2019

The EIB’s energy lending criteria are the set of rules, revised regularly, which the Bank sets for its activities to be compliant with the European Union’s policy objectives.

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