EU Taxonomy and Lira: Difference between pages

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''Sustainability - European Union - European Commission.''
The currency of Turkey.


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.
Its ISO code is TRY.


The Taxonomy sets performance thresholds (referred to as ‘technical screening criteria’) for economic activities which:
*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).


Lira is also the Arabic name for the currencies of Lebanon (LBP) and Syria (SYP).


Environmental objectives of the EU Taxonomy:


*Climate change mitigation.
''Lira'' derives from the Latin word ''libra'', meaning a pound weight, when currency was valued in silver.
*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.




Under the EU Taxonomy, three different types of activity are recognised as "environmentally sustainable":
==See also==
* [[ISO currency codes]]
* [[LBP]]
* [[Libra]]
* [[Livre]]
* [[Pound]]
* [[SYP]]
* [[Turkey]]


(1)  Activities that make a substantial direct contribution to one or more of the environmental objectives noted above.
(2)  ''Transitional activities'', acting as an appropriate stepping stone.
(3)  Appropriate ''enabling activities''.
== See also ==
* [[Accounting for Sustainability]] (A4S)
* [[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]]
* [[SRA]]
* [[SRI]]
* [[Stakeholder]]
* [[Sustainable Development Goals]]
* [[Sustainable finance]]
* [[Sustainability]]
* [[Sustainability Accounting Standards Board]]
* [[Sustainability bond]]
* [[Sustainability Linked Loan Principles]]
* [[Taxonomy Regulation]]
* [[Technical Expert Group]]
* [[Transitional activities]]
* [[UK Sustainable Investment and Finance Association]]
* [[United Nations]]
* [[World Trade Organization]]
[[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]]

Latest revision as of 16:09, 10 December 2019

The currency of Turkey.

Its ISO code is TRY.


Lira is also the Arabic name for the currencies of Lebanon (LBP) and Syria (SYP).


Lira derives from the Latin word libra, meaning a pound weight, when currency was valued in silver.


See also