Presentation - Workshop 1: Water Investment Planning and Financing, Beate Hollweg, European Environment Agency

1. EU Taxonomy for sustainable activities
Water Resources
Beate Hollweg, 16/02/22,
EU COM_OECD Webinar on
Water and Finance

2. Investments Needs
https://ec.europa.eu/environment/water/water-
framework/economics/OECD_study_en.htm
• OECD estimates all EU countries together spend on
average EUR 100 billion per year on water supply and
sanitation.
• Total cumulative additional expenditures by 2030 for
water supply and sanitation amount to EUR 289 billion
for the 28 Member States, with compliance with
UWWTD represents the lion’s share of total additional
expenditures

3. EU Taxonomy for Sustainable Activities
https://ec.europa.eu/info/business-economy-
euro/banking-and-finance/sustainable-finance/eu-
taxonomy-sustainable-activities_en
• A classification system, establishing a list
of environmentally sustainable economic
activities.
• Providing companies with appropriate
definitions for which economic activities
can be considered environmentally
sustainable.
• Creating security for investors to redirect
finance towards water-friendly investment.

4. The sustainable use and protection of water and marine resources
https://ec.europa.eu/info/sites/default/files/business_economy_euro/banking_and_finance/documents/210
803-sustainable-finance-platform-report-technical-screening-criteria-taxonomy_en.pdf
To ensure at least good status for all water bodies by 2027, and good
environmental status for marine waters as soon as possible10; and to
prevent the deterioration of bodies of water that already have good status or
marine waters that are already in good environmental status.

5. Taxonomies Settings worldwide
https://gsh.cib.natixis.com/our-center-of-expertise/articles/release-of-our-study-the-new-geography-of-
taxonomies

6. Thanks for your attention
Beate.Hollweg@eea.europa.eu
The European environment — state and
outlook 2020: knowledge for transition to a
sustainable Europe
https://www.eea.europa.eu/soer/2020