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GBIC statement to the Taxonomy Call for Evidence of the EU-Commission

Profilbild Claudia Kister
Claudia Kister

In the context of the ongoing review of the EU Taxonomy’s climate and environmental delegated acts, the GBIC calls for significant simplifications to ensure the framework can be applied effectively in practice complexity — while maintaining robust environmental standards. 

In particular, the DNSH criteria should be streamlined, applied on a risk-based basis, better aligned with EU law, while avoiding duplicate checks, accepting recognised certifications as evidence, and exempting retail products from disproportionate requirements.

GBIC statement taxonomy review

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Profilbild Claudia Kister

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Claudia Kister

Sustainable Finance

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GBIC comments on amending Delegated Regulation (EU) 2019/98

The German Banking Industry Committee (GBIC) welcomes the objective of revising Commission Delegated Regulation (EU) 2019/980 to simplify prospectus requirements, streamline their content and further standardise format and structure, thereby reducing administrative burdens for issuers, improving comparability for investors and strengthening access to EU capital markets.