Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/272151 
Year of Publication: 
2023
Citation: 
[Journal:] EconPol Forum [ISSN:] 2752-1184 [Volume:] 24 [Issue:] 1 [Year:] 2023 [Pages:] 17-22
Publisher: 
CESifo GmbH, Munich
Abstract: 
So far, the applications of the Taxonomy are purely for transparency and disclosure purposes. Professional investors and regulators instead rely on more advanced and context-specific metrics, such as their own ESG methodologies and cockpits. Therefore, the controversial Taxonomy classification of gas and nuclear power will not have a major impact. Green finance policies are no substitute for restrictive environmental regulations such as cap-and-trade schemes or outright prohibitions of certain activities.
Document Type: 
Article

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