# Union adopts the sustainable-finance taxonomy regulation

Date: 2020

Regulation (EU) 2020/852 created an EU taxonomy for sustainable activities. Later delegated acts on gas and nuclear split the College. The basic regulation sat in the Green Deal years.

## People

- Frans Timmermans: https://factrail.ai/people/frans-timmermans

## Drivers

- Decarbonization and climate-mitigation policy: https://factrail.ai/drivers/env-decarbonization-policy

## Sources

- https://finance.ec.europa.eu/sustainable-finance/tools-and-standards/eu-taxonomy-sustainable-activities_en
- https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32020R0852

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/eu-taxonomy-2020