The European Sustainable Finance Platform has published the first draft of the requirements for environmental objectives on circular economy and biodiversity as part of the EU taxonomy. The Climate Positive Europe Alliance (CPEA) participated in the consultation and published a corresponding position paper . For the environmental objective “circular economy”, it is recommended that the economic activities “new construction” and “deconstruction” should not be considered separately. Furthermore, the terms “reuse” and “recycle” should be defined more clearly. The requirements of the environmental objectives “biodiversity” are not ambitious enough in the opinion of CPEA and its members.
