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EU Taxonomy for sustainable activities
Water Resources
Beate Hollweg, 16/02/22,
EU COM_OECD Webinar on
Water and Finance
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
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.
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.
Taxonomies Settings worldwide
https://gsh.cib.natixis.com/our-center-of-expertise/articles/release-of-our-study-the-new-geography-of-
taxonomies
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

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

  • 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.
  • 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