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Environment Protection: Financial Services

Asked by John GlenConservativeTreasuryTabled Answered 9 April 2025UIN 43044

The question

To ask the Chancellor of the Exchequer, whether the EU Green Taxonomy regulations apply to Northern Ireland.

Answered by Emma Reynolds

The EU Taxonomy Regulation, which is part of the EU's sustainable finance framework, does not directly apply in Northern Ireland.

There are some circumstances where a UK company may be subject to the EU Taxonomy reporting requirements because of its operations in the EU. This could apply to relevant companies in Northern Ireland, just as elsewhere in the UK.

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