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February 25, 2026 (2PM EST)
The EU Taxonomy Regulation Act (2020/852) for sustainable economic activities was created in July 2020 to have a common language and clear definition of ‘sustainable’ when classifying investments. Sustainable investments in projects and activities in the EU is vital in order to meet the objectives in the EU Green Deal.
To incentivize the production of chemicals made from renewable resources, some states have implemented tax credit programs.