Regulation (EU) 2020/852 of the European Parliament and of the Council of 18 June 2020 on the establishment of a framework to facilitate sustainable investment (The Taxonomy Regulation)
Article 9 of the Regulation defines the environmental objectives that activities must promote in order to qualify as environmentally sustainable. This includes both climate change mitigation and climate change adaptation.
Under Article 4, member states are required to use the framework in the regulation in domestic finance policy and legislation.
Delegated Regulation of April 6th, 2022, adopts a technical standards to be used by financial market participants when disclosing sustainability-related information under the Sustainable Finance Disclosures Regulation.