The UK and Ireland Nuclear Free Local Authorities (NFLA) has joined with its European partner organisations, the Cities for a Nuclear Free Europe and the Alliance of Regions for Phasing-out Nuclear Power across Europe; in supporting the Nuclear Consulting Group (NCG) and 53 other groups in their call on the European Commission to not finance future nuclear power developments. The Communiqué responds to a recently published document by the European Commission on the rules for sustainable finance, known as the EU taxonomy. The new rules are intended to identify economic activities that can be considered economically and environmentally sustainable as the EU gears up all of its policies to tackle the climate emergency. As a core part of this, the EU Taxonomy Technical Expert Group (TEG) delivered their final recommendations to the Commission; excluding nuclear from the Sustainable Finance Taxonomy ‘at this stage’, stating that ‘it was not possible to conclude the nuclear energy value chain does not cause significant harm to other environmental objectives on the time scales in question’.
NFLA 3rd April 2020 read more »