Financial Services: Environment Protection
The question
To ask the Secretary of State for Business and Trade, what assessment he has made of the adequacy of his Department's research on the EU Green Taxonomy Framework, published on 29 November 2024.
Answered by Justin Madders
In November, the Department published research that it commissioned from the researcher provider, PUBLIC. This project was subject to robust procurement and contract oversight processes to ensure that it is was conducted according to appropriate methodologies. The report compiles the views of interviewed businesses and does not necessarily reflect the views of UK government.
The government is currently consulting on whether a UK Green Taxonomy would be complementary to existing sustainable finance policies. Alongside the research, this consultation will inform an assessment of the value of implementing a UK Taxonomy, and how it could be designed as effectively as possible.
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