EU Taxonomy and Gas purchase agreement: Difference between pages

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''Sustainability - European Union - European Commission.''
''Sustainability - renewables - gas.''


The EU Taxonomy is a tool to help investors, companies, issuers and project promoters navigate the transition to a low-carbon, resilient and resource-efficient economy.
(GPA).


The Taxonomy sets performance thresholds (referred to as ‘technical screening criteria’) for economic activities which:
A contract between an gas supplier and a buyer for the sale of "green" gas between the two parties.
*Make a substantive contribution to one of six environmental objectives (below).
*Do no significant harm (DNSH) to the other five, where relevant.
*Meet minimum safeguards (for example, the OECD Guidelines on Multinational Enterprises and the UN Guiding Principles on Business and Human Rights).




Environmental objectives of the EU Taxonomy:
Similar to a Power purchase agreement in relation to electricity.


*Climate change mitigation.
*Climate change adaptation.
*Sustainable use and protection of water and marine resources.
*Transition to a circular economy.
*Pollution prevention and control.
*Protection and restoration of biodiversity and ecosystems.


 
== See also ==
Under the EU Taxonomy, three different types of activity are recognised as "environmentally sustainable":
* [[Additionality]]
 
* [[Asset finance]]
(1)  Activities that make a substantial direct contribution to one or more of the environmental objectives noted above.
* [[Corporate finance]]
 
* [[Distribution]]
(2)  ''Transitional activities'', acting as an appropriate stepping stone.
* [[Existing asset]]
 
* [[Green]]
(3)  Appropriate ''enabling activities''.
* [[Infrastructure]]
* [[Integrated water and power plant]]
* [[New build]]
* [[New-to-earth asset]]
* [[Offtaker]]
* [[Plant]]
* [[Power purchase agreement]]
* [[Project finance]]
* [[Recourse]]
* [[REGO]]
* [[Sleeving]]
* [[Solar CSP]]
* [[Solar PV]]
* [[Sustainability]]
* [[Transmission]]
* [[Transmission and distribution]]
* [[Virtual PPA]]




== See also ==
==External link==
* [[Accounting for Sustainability]] (A4S)
[https://assets.crowncommercial.gov.uk/wp-content/uploads/Power-Purchase-Agreements-PPA-An-Introduction-to-PPAs.pdf Introduction to Power Purchase Agreements - UK Crown Commercial Service]
* [[Biodiversity]]
* [[Business & Sustainable Development Commission]]
* [[Carbon footprint]]
* [[Climate change adaptation]]
* [[Climate change mitigation]]
* [[Common Ground Taxonomy]]
* [[Conference of the Parties]]
* [[Convention on Biological Diversity]]
* [[Corporate social responsibility]]
* [[Circular economy]]
* [[Credit]]
* [[Credit rating agency]]
* [[Draft Delegated Act]]
* [[Enabling activities]]
* [[ESG investment]]
* [[European Commission]]
* [[European Union]]
* [[Global Sustainable Investment Alliance]]
* [[HLEG]]
* [[Metaeconomics]]
* [[Natural capital]]
* [[Organic]]
* [[Social taxonomy]]
* [[SRA]]
* [[SRI]]
* [[Stakeholder]]
* [[Substantial Contribution]]  (SC)
* [[Sustainable Development Goals]]
* [[Sustainable finance]]
* [[Sustainability]]
* [[Sustainability Accounting Standards Board]]
* [[Sustainability bond]]
* [[Sustainability Linked Loan Principles]]
* [[Taxonomy alignment disclosures]]
* [[Taxonomy Regulation]]
* [[Technical Expert Group]]
* [[Technical Screening Criteria]]  (TSC)
* [[Transitional activities]]
* [[UK Sustainable Investment and Finance Association]]
* [[United Nations]]
* [[World Trade Organization]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Revision as of 02:54, 15 June 2021

Sustainability - renewables - gas.

(GPA).

A contract between an gas supplier and a buyer for the sale of "green" gas between the two parties.


Similar to a Power purchase agreement in relation to electricity.


See also


External link

Introduction to Power Purchase Agreements - UK Crown Commercial Service