On June 2, the European Parliament’s Economic and Monetary Affairs Committee (ECON) and its Environment, Public Health and Food Safety Committee (ENVI) published a recommendation for second reading of the proposed Taxonomy Regulation on the establishment of a framework to facilitate sustainable investment (the Recommendation). The Taxonomy Regulation now requires adoption by the European Union (EU) Parliament before it comes into force upon publication in the Official Journal of the EU.

The Recommendation is available here.