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Taxonomy Impact Assessment passes Regulatory Scrutiny Board

A new draft of the Impact Assessment on whether economic activity qualifies as contributing substantially to climate change mitigation or climate change adaptation was conditionally approved on Monday. Despite revisions, some administrative problems with the document remain as the Regulatory Scrutiny Board’s (RSB) overall 2nd opinion of the Taxonomy was “positive with reservations”. The RSB has said that all these problems must be fixed before interservice consultations begin. For more information, please contact Daniel Reinemann.