Tag: taxonomy

A growing awareness of the importance of environmental sustainability has brought a subsequent increase in sustainable finance, highlighting that economic activity needs to reflect environmentally sustainable solutions. But what does “sustainable” mean and what is the role of regulation in helping this “sustainable” finance?

During the latest GREEN4SEA Virtual Forum, Dr. Konstantinos Galanis, Chairman of the International Ship Recycling Association, discussed about the European Union Taxonomy and its relationship to the ship recycling, highlighting the fact that the economic activity needs to meet and qualify as an environmentally sustainable solution.