Helen Saulnier 
https://www.law.com/2022/09/20/the-good-news-and-bad-news-about-female-gc-pay-the-morning-minute/
ANALYSIS
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September 20, 2022 at 06:00 AM
6 minute read
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QUESTIONABLE INVESTMENTS? – Ten nongovernmental organizations from across the EU have taken the European Commission to court over its decision to give a green label to investments in forest bioenergy, forest management and bioplastics activities as part of its controversial EU Taxonomy framework, Law.com International’s Linda A. Thompson reports. Part of the EU’s Green Deal plan to make Europe climate neutral by 2050, this classification system seeks to channel billions of euros in investment into sustainable economic activities by signposting investors to economic activities that are truly environmentally sustainable. Yet the European Commission’s decision to give a green label to nuclear and natural gas projects has drawn fierce criticism from lawmakers and NGOs, and prompted accusations of greenwashing. Several nonprofits also threatened legal action when the taxonomy criteria proposed by the commission were adopted by the European Parliament in July. On Sunday, they made good on that threat.
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