The European Union’s new classification system for sustainable economic activity is poised to become an increasingly important part of trade with the bloc, but confusion reigns over what it will mean for seafood.
The new system, known as the EU taxonomy for sustainable activities, forms the backbone of the EU's work on sustainable finance.
The purpose of the classification system is to create a structure that makes it easier for investors and banks to find sustainable investments, and for relevant companies to have access to financing packages offering "green" discounts.
