30 November 2022

Platform on Sustainable Finance’s report with supplementary advice on methodology and technical screening criteria for the climate and envir

This additional advice will be carefully analysed and will inform the Commission’s continued reflections on the matter. The Platform’s advice does not bind the Commission on any decision.

The Commission thanks the Platform on Sustainable Finance for all their hard work on this supplementary report. This report complements the advice submitted by the Platform in March 2022.

Work update since March 2022

As reported in March 2022 a number of activities required further work to be able to form complete criteria. The TWG has worked from April to October with the support of further external experts to complete existing or even develop new criteria for the following activities.
- An additional activity option for agriculture for biodiversity
- Forestry activity for biodiversity
- Manufacturing of basic pharmaceutical products and pharmaceutical preparations
- Manufacturing of chemical products
- Waterborne Transportation

Some activities have been updated following the development of similar activities, or the finalisation of the enabling framework:
- 2.14 Manufacture of chemicals
- 2.18 Manufacture of plastic packing goods
- Various enabling activities (described below).
- Hotels, holiday, camping grounds and similar accommodation (tourism) under the chapter ‘restoration and remediation’ which originally was under the enabling activities and instead now it has been completed as a standalone substantial contribution to protection and restoration of biodiversity and ecosystems.
- The desalination activity has also been included and which should have been present in the March report but was left out due to error

Some activities are completely new, in the sense that they were not announced in March 2020 report:
- Use of concrete in civil engineering works
- Demolition of buildings and other structures
- Manufacture of copper under manufacturing of basic metals
For the agriculture activity, the additional criteria presented here are for the inclusion of an additional option (option C) to extend the coverage of the activity. The option is added to the following scope...

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