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<p>The Department typically uses the terms “clean”, which is based on analysis of resource and environmental sustainability, on an individual project or technology basis, and “low carbon”, which is about carbon emissions relative to traditional alternatives.</p><p> </p><p>In the 2023 Green Finance Strategy, Government recommitted to consult on and implement a usable and useful UK Green Taxonomy – a tool to provide investors with definitional certainty about the green economic activities they are invested in. The Taxonomy can also increase financing of activities for the transition to net zero and improve market integrity.</p> |