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By Camille GRANDIDIER, Associate, Investment Funds, NautaDutilh Avocats Luxembourg S.à r.l.
On 18 June 2020, the European Commission welcomed the adoption by the European Parliament of Regulation (EU) 2020/852 on the establishment of a framework to facilitate sustainable investment, also known as the Taxonomy Regulation. The Taxonomy Regulation was published in the Official Journal four days later, thereby ushering in a new era of financial regulation.
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 language for use by investors when investing in projects and economic activities with a substantial...
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