Lessons from the EU: development of the UK’s green taxonomy - Federated Hermes

The UK is creating its own green taxonomy. Ahead of the publication of its Green Finance Roadmap, Kate Fowler, Senior Responsibility Analyst, discusses the lessons the UK can learn from the EU’s taxonomy development to ensure the process runs smoothly.

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... In June 2021, the UK government announced the creation of the Green Technical Advisory Group (GTAG) made up of representatives of finance and business, data and taxonomy experts and subject matter experts. The GTAG, chaired by the Green Finance Institute, will provide independent and non-binding advice on developing and implementing a UK green taxonomy.

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