This vote is important recognition of our pragmatic and realistic approach in helping many Member States on their transition path towards climate neutrality.
The European Commission welcomes the result of today's vote by the European Parliament on the Complementary Delegated Act on climate change mitigation and adaptation covering certain gas and nuclear activities.
Climate neutrality is our objective and legal obligation. We are
committed to using all available tools to move away from high
carbon-emitting energy sources.
Russia's unprovoked military aggression of Ukraine adds to the urgency in accelerating our clean transition. The REPowerEU Plan and the Complementary Delegated Act both reflect this reality and help reduce our dependency on Russian gas.
Mairead McGuinness, Commissioner in charge of Financial Services, Financial Stability, and Capital Markets Union, said: “I
welcome the outcome of this vote. The Complementary Delegated Act is a
pragmatic proposal to ensure that private investments in gas and
nuclear, needed for our energy transition, meet strict criteria.
Investment in renewables is already prioritised in our Taxonomy - this
is our future. Our proposal ensures transparency so investors will know
what they are investing in. Today brings much needed clarity to the EU
position.”
Gas and nuclear will now be included in the Taxonomy as transitional
activities in a limited number of circumstances and under strict
conditions. This aligns with our pathway to net zero, where they are
recognised as stepping stones in the transition towards more renewables.
Targeted investments in both are still needed in the medium term.
The inclusion of the transitional activities of gas and nuclear is a
small, albeit necessary part of the whole EU Taxonomy, which is focused
on renewable energies. Renewables will continue to be the focus for
green investors and the creation of green financial products.
The Complementary Delegated Act will enter into application on 1 January 2023.
Parliament
© European Commission
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