The EU Taxonomy is the classification system for sustainable economic activities. The EU Taxonomy Regulation is a cornerstone of the EU’s sustainable finance framework, steering investments towards sustainable projects. Its ‘technical screening criteria’ define the conditions that economic activities must meet to be considered sustainable.

The European Commission is seeking feedback on potential revisions to the EU taxonomy criteria. The goal of this revision exercise is to make the EU Taxonomy more workable for circular business models and more useful for unlocking finance. 

The changes cover most activities under the Climate and Environmental Delegated Acts, including criteria for 'substantial contribution to circular economy', forestry and environmental protection, manufacturing, energy, transport and construction, and all the generic ‘do no significant harm’ appendices.

Respond here to give your views – the deadline is 14 April. The input received will be used to shape the Commission's forthcoming revision of the criteria, planned for adoption by the summer.