Why is the forestry sector in the north of Europe watching the development of the taxonomy and its proposed conditions with concern? - Zeme un valsts

Why is the forestry sector in the north of Europe watching the development of the taxonomy and its proposed conditions with concern?

The word taxonomy is currently foreign to many in the forestry sector, and it is even less clear how the implementation of taxonomy conditions will manifest in practice. The so-called Taxonomy Regulation, or Regulation (EU) 2020/852 of the European Parliament and of the Council on the establishment of a framework to facilitate sustainable investment, was adopted in 2020, and the development of related documents, including legislation, continues this year. Currently, the technical screening criteria for the taxonomy, according to which the impact of economic activity will be assessed, have been submitted for consultation.

(...) There is no doubt that in the era of the Green Deal's economic transformation, the impact of economic activities on the environment, climate and biodiversity must be assessed. Our everyday means of transport, primarily vehicles, must become cleaner and more efficient; production-related pollution must be reduced, consumption and waste generation must be curtailed and their disposal improved, and the impact on biodiversity must be lessened. Ideally, worldwide.

Why is the forestry sector in the north of Europe watching the development of the taxonomy and its proposed conditions with concern?

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