Strategic benefits and financing opportunities for innovative startups and local governments
I'm an innovative startup!
Do you have a solution that contributes to mitigating climate change and might even be looking for investors?
If the product or service you develop makes our world specifically better and more sustainable from an environmental or social perspective, then you are in the right place.
The positive impact can be exerted directly or even indirectly – for example, by enabling research or developments in other industries that directly tackle climate change, facilitate adaptation to it, or significantly contribute to the circular economy.
In such cases, it is worth examining compliance with the EU Taxonomy and the specific alignment.
I represent a proactive municipality!
Is your municipality aiming for sustainability and seeking funding?
The real estate assets managed by a municipality – whether new investments, renovations, or even a social housing program – should be handled with a strategic approach.
The same applies to waste and water management, energy production, and public transportation. If these activities are carried out by the municipality or a municipal-owned entity in a sustainable manner according to an EU framework, and this can be properly documented, the municipality can gain significant additional benefits and access to financing opportunities.
What is EU Taxonomy?
The EU Taxonomy is a regulation introduced by the European Union in 2020 (2020/852/EU), which establishes a classification system to determine under what conditions certain economic activities can be considered sustainable.
The EU’s objective with the Taxonomy regulation is to support climate action and the energy transition (in connection with the European Green Deal). It also aims to ensure that the economic transition does not result in human rights, labor, or social harms and is implemented in a fair and just manner.
This uniform, comparable, and transparent framework makes it easier for investors, companies, and decision-makers to identify green projects and encourages the introduction of favorable financing conditions for them.
Why EU Taxonomy compliance matters?
While the biggest companies must already report on their EU Taxonomy performance, startups and municipalities can gain advantages for the following reasons.
Benefits for startups
EU Taxonomy alignment can support you in:
- finding the right investors and securing favorable financing terms
- leveraging reputational
advantages - accessing green loans
- successfully participating in grant programs
Benefits for municipalities
EU Taxonomy alignment can support you in:
- supporting the development of the local economy
gaining a competitive advantage by accessing more favorable financing, whether through green bond issuance, green loans (from the European Investment Bank or private financial institutions), or - successful participation in grant programs such as RePowerEU, ERDF, or InvestEU
- building trust through greater transparency in operations