Posted: 3rd July 2021
Nuclear energy has been excluded from the UK government’s Green Financing
Framework, while several EU Member States have written to the European
Commission to oppose nuclear’s inclusion in the bloc’s green taxonomy. The
UK’s Green Financing Framework describes how the government plans to
finance expenditures through the issuance of green gilts and the retail
Green Savings Bonds that it says will be critical in tackling climate
change and other environmental challenges. The framework, which was
produced and published yesterday by the Treasury, sets out the basis for
identification, selection, verification and reporting of the green projects
that are eligible for such financing. Under ‘exclusions’, the document
says: “Recognising that many sustainable investors have exclusionary
criteria in place around nuclear energy, the UK government will not finance
any nuclear energy-related expenditures under the Framework.”
World Nuclear News 2nd July 2021
https://www.world-nuclear-news.org/Articles/UK-excludes-nuclear-from-green-taxonomy