BERLIN, Nov 17 —The three parties working to form Germany’s next ruling coalition disagree over whether the European Union should label gas power plants a green investment in efforts to reach climate protection goals, a negotiation document showed today.
But the Greens have so far resisted proposed wording for the coalition deal which calls on the European Union to include natural gas in its sustainable finance taxonomy, according to a draft version of the coalition agreement seen by Reuters. The EU will introduce its green investment taxonomy or common framework in January to guide asset managers inside the bloc and make green activities more visible and attractive to investors.
In their working document, the three parties so far could only agree on the wording that the EU’s sustainable finance taxonomy should be both “ambitious and practical”, according to the draft version.
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