UK Green Taxonomy
This consultation seeks to gather views on the value case for a UK Green Taxonomy as part of the UK’s wider sustainable finance framework.
The purpose of implementing a green taxonomy is to support investment into activities aligned with sustainability goals, and to mitigate greenwashing. However, the government is aware that taxonomies can be complex in practice, and feedback on their value is mixed.
This consultation is therefore seeking views on whether a UK Green Taxonomy would be additional and complementary to existing sustainable finance policies, including in supporting market participants to make sustainable investment decisions, and the specific market and regulatory use cases which facilitate this.
This will inform an assessment of the value of implementing a UK Taxonomy, and exactly how it could be targeted to ensure it is as effective as possible.