Taxonomy and sustainable finance

Updated: 28 January 2026. Objective: make low-carbon investment more transparent and less risky, by clarifying the criteria and transparency requirements for nuclear energy.

Climat Finance Marchés

Why this matters

Low-carbon projects are capital-intensive. An unstable framework increases the cost of capital and delays decisions.

  • Long-term visibility for investors.
  • Comparability between low-carbon projects.
  • Reduction of litigation and uncertainty.

What we propose

  • Clear and stable criteria (without constant micro-adjustments).
  • Transparency on safety, governance and waste management.
  • Proportionate reporting to avoid unnecessary bureaucracy.

Points to watch

  • Reputational risk: clarify definitions and controls.
  • Coherence: avoid contradictory criteria between legislative texts.
  • Timeline: limit retroactive changes.

Target outcome

A sustainable finance framework that effectively channels capital towards low-carbon projects, with transparency requirements that strengthen trust rather than undermine it.