Environmental assessments and sustainable finance taxonomies – a riposte

Alan Bond, Jiří Dusik

Research output: Contribution to journalArticlepeer-review

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Abstract

Seven authors have responded to our paper asking whether the European Union (EU) Taxonomy will change the mindset over the contribution of Impact Assessment (IA) to sustainable development, delivering a range of opinions, based on a number of themes including: the politics of decision-making; the need to achieve positive impacts and strengthen carrying capacities; the transition to a green economy; the lack of clarity over the role of Strategic Environmental Assessment; and past historical experience. To each of these points, we provide a response highlighting why we think the potential for a change of mindset still exists. Ultimately, however, we recognise that a mindset change will not happen passively; it does need the IA community to become more political and engage with the financial community to make it clear what financial benefits their environmental knowledge can deliver.
Original languageEnglish
Pages (from-to)123-128
Number of pages6
JournalImpact Assessment and Project Appraisal
Volume40
Issue number2
DOIs
Publication statusPublished - 7 Mar 2022

Keywords

  • Impact assessment
  • sustainable finance
  • greenwashing
  • taxonomies
  • positive impacts
  • carrying capacity

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