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ARTICLE · 16 JUNE 2023

EU Taxonomy Regulation: Commission Publishes Draft Environmental Delegated Act

Arthur Cox
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nvironmental Delegated Act - setting out the technical screening criteria (TSC) for economic activities making a substantial contribution to the non-climate environmental objectives...

European UnionEnvironment
Suzanne Kearney
Suzanne Kearney
Sarah Thompson
Sarah Thompson
Sarah O'Sullivan
Sarah O'Sullivan
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The European Commission has approved in principle two draft delegated regulations under the EU Taxonomy Regulation:

Environmental Delegated Act -setting out the technical screening criteria (TSC) for economic activities making a substantial contribution to the non-climate environmental objectives under the Taxonomy Regulation:

  • sustainable use and protection of water and marine resources (Article 1 and Annex I)
  • transition to a circular economy (Article 2 and Annex II);
  • pollution prevention and control (Article 3 and Annex III); and
  • protection and restoration of biodiversity and ecosystem (Article 4 Annex IV).

The draft Environmental Delegated Act also:

  • specifies criteria for determining whether those economic activities cause significant harm to any of the other environmental objectives; and

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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