#SustainableFinance Advisory Committee of the German Federal Government:

'Activities that deliver major social benefits but no direct environmental benefits (such as the
provision of #socialhousing ...) are not covered in an environmental
#taxonomy or a transition taxonomy. We advocate the development of a #socialtaxonomy, taking into account the problems associated with the application of the environmental taxonomy'

https://sustainable-finance-beirat.de/wp-content/uploads/2023/03/SFB_The-EU-Taxonomy_implementation-challenges-and-proposed-solutions.pdf

*Promoting Capital Flows for Social Investments via a Social Taxonomy*

"Precisely the fact that one of the objectives is to promote adequate living standards and well-being for end users and consumers, puts the focus on social rights such as housing, which makes the real estate sector one of the most important for the achievement of the ends to which the Social Taxonomy is oriented."

https://www.lexology.com/library/detail.aspx?g=872ddf12-af37-4f31-9885-75c773ecd159

#socialtaxonomy #impactinvestment #socialhousing #nextEUcommission

MEP Jordi Cañas (ES) is asking the European Commission about the (legislative or voluntary) next steps towards a #socialtaxonomy @jordi_canyas@twitter.com

https://www.europarl.europa.eu/doceo/document/E-9-2022-003751_EN.html

Far-right French MEP thinks defence industry is facing a big threat from... an initiative aimed to strengthen social finance for vulnerable people in Europe.

https://www.europarl.europa.eu/doceo/document/E-9-2022-003497_EN.html

#socialtaxonomy #sustainablefinance #EU