The World Green Building Council took part in the European Commission's public consultation on the EU Taxonomy draft 2nd Delegated Act.
The EU Taxonomy defines sustainability criteria for green investments and the draft 2nd Delegated Act proposed a set of criteria for the transition to a circular economy for the construction and renovation of buildings.
WorldGBC provided feedback on these proposed criteria (see our full response here) and we have extracted seven key messages around the need to differentiate circularity strategies, to disclose information that helps increase the current EU circularity rate of 12%, to enhance usability of proposed criteria, and to pursue circularity and climate change mitigation objectives together.
