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This joint report by UNEP FI and the European Banking Federation explores practical approaches for banks who wish to use the EU Taxonomy. This initiative, supported by EY, developed based on discussions with 24 banks, 12 banking associations and six observing organisations, follows a joint project in 2020 that tested the application of the EU Taxonomy to core banking products.
The findings of this report will support banks in understanding the EU Taxonomy, its requirements and its application for disclosure requirements which covers both mandatory and voluntary aspects.

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