Ag could miss out on billions if EU taxonomy changes get backing
The Taxonomy spotlight has been on agriculture since October.
Billions of euros looking for a sustainable investment home could be diverted away from agriculture, if some farming activities are blacklisted in the EU Taxonomy.
In March, 25 organisations wrote to the European Commission urging it not to label certain agriculture and livestock practices as sustainable. They want these practices blacklisted in the EU Taxonomy, which is the list of economic activities the EU considers to be environmentally sustainable. The EU is preparing this list in order to direct investments into sustainable projects and activities as part of the European Green Deal bid to become climate-neutral by 2050.
