GreenGov will help European regions and local authorities to better understand and implement the EU Taxonomy which is at the core of the European sustainable finance strategy and defines which economic activities are considered sustainable, in order to direct investments towards them.
“The partners work to design a common and robust process to adapt regional and local strategies to this new European framework, by developing a guide to support capacity building and awareness raising on green finance mechanisms among all the actors involved. This guidance will also be put into practice to explore green budgeting, using the tools of budgetary policymaking to help the partners redirect their investments towards sustainable priorities, develop regional green bonds frameworks and other innovative financial instruments to achieve environmental goals.” (GreenGov)
