In December 2019, European negotiators reached agreement on a "sustainable taxonomy", which sets out to define the classes of investment that can be considered to be “green”, supporting the objective of re-orienting capital flows towards sustainable investment.
At around the same time, the incoming President of the Commission, Ursula von der Leyen, introduced a package of measures that make up the European Green Deal.
In the context of uncertainty about the UK’s future relationship with Europe, these proposals will have implications for investment in both CCS and hydrogen in the UK and beyond. With Glasgow poised to host CoP 26 in November; it is useful to take stock of recent developments and what they mean for Scottish projects.
This event will explore the proposed sustainable taxonomy in light of the existing pipeline of hydrogen and CCS projects in Scotland and beyond, and will explore the investment, and other conditions, that will be needed to make them happen. It will bring together speakers from industry, academia and the investment community, with opportunities for networking and discussion.