Implementation and application of the EU Sustainable Framework

    To ensure the financing of the transformation of the automotive industry, the EU Taxonomy has to give the best support possible to the availability of private capital for companies. With the adoption of Regulation 2020/852 of 18.06.2020 ("Taxonomy Regulation"), the EU has given the starting signal for a series of delegated acts that will be adopted or implemented in the coming months, or which have already entered into force. The core of these measures are the legal acts to specify the environmental goals of the Taxonomy Regulation and the resulting requirements for sustainability reporting. Both will have a direct impact on the willingness of institutional investors to invest in the transformation of the transport sector. Against this background, the VDA advocates specific positions.