ESPO Reaction to the draft Delegated Act on EU taxonomy

18 December 2020

The European Sea Ports Organisation’s (ESPO) feedback to the draft Delegated Act establishing the technical screening criteria for the EU taxonomy in the area of climate mitigation and climate adaptation supports the initial aim of the EU taxonomy framework to encourage investors to prioritise green and sustainable investments by providing them a clear manual with common definitions.

The classification of sustainable projects and investments will be used not only to guide private investors, but is increasingly referenced as a basis for EU funding instruments and programmes, therefore European ports would like to highlight four outstanding concerns with the draft Delegated Act. 

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