AFME and Oliver Wyman have published a new report providing practical input and recommendations to improve the usability of the EU Taxonomy.  

The report provides an “on-the-ground” perspective of the challenges which financial institutions face in applying the Do-No-Significant-Harm (DNSH) assessment. Drawing on  research conducted by Oliver Wyman, including detailed interviews with practitioners at financial institutions, corporates, sovereign and supranational organisations and investors, the report sheds light on real-world complexities.  

Specifically, the report explores how the DNSH assessment could be streamlined  across credit institutions’  financing portfolios with a mixture of short-, medium- and long-term policy actions.

This report provides recommendations for policymakers to help ease the implementation of the DNSH component of the EU Taxonomy in a comparably short timeframe. It aggregates industry best practices to help users cope with challenges and contributes to a repository of effective strategies, policies, and frameworks for EU Taxonomy users in the financial and non-financial sectors.