The European Banking Federation, together with the United Nations Environment Programme Finance Initiative (UNEP FI), have on the 15th February 2022 launched a report titled, “Practical approaches to applying the EU Taxonomy to bank lending”, that explores practical approaches for banks which wish to use the EU Taxonomy. This initiative, supported by EY, was developed based on discussions with 24 banks, 12 banking associations and six observing organizations, follows a joint project that tested the application of the EU Taxonomy to core banking products.
Please refer to https://www.ebf.eu/sustainable-finance/ebf-and-unep-fi-outline-practical-approaches-to-applying-eu-taxonomy-to-bank-lending/ for more information and to download the report.
