05.02.2025

IOGP Europe Response to the Consultation on the Review of the Taxonomy Climate Delegated Act

In February 2025, IOGP Europe submitted its response to the EU Platform on Sustainable Finance’s consultation on the review of the Taxonomy Climate Delegated Act. This consultation aims to refine the technical screening criteria for economic activities included in the EU Taxonomy, ensuring alignment with sustainability objectives while maintaining industrial feasibility.

IOGP Europe supports efforts to enhance regulatory clarity and investment certainty but highlights concerns regarding energy-related thresholds, CCS recognition, and regulatory alignment. A balanced approach is essential to support low-carbon innovation while ensuring Europe’s energy security and industrial competitiveness.

 

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