Regulation (EU) 2020/852 on the establishment of a framework to facilitate sustainable investment (the so-called Taxonomy Regulation) was officially published. The aim of the Taxonomy Regulation is to boost investment in green projects by setting common definitions across the EU for what investments may be considered ‘green’. Select projects in the HVACR and building sectors will qualify if they meet the technical screening criteria, which are to be defined in delegated acts.
On 19 March 2019, the UK Government Department for Business, Energy & Industrial Strategy has released two new guidance documents that replace the earlier versions from September 2018. The two guidance documents from the UK perspective are: ‘Placing manufactured goods on the UK market if there’s no Brexit deal’ and ‘Placing manufactured goods on the EU internal market if there’s no Brexit deal’.