EU Taxonomy in Agriculture

The European Parliament has introduced the green deal, a set of policy initiatives aimed at helping the EU achieve its environmental goals. One of these initiatives is the EU Taxonomy, which establishes a list of environmentally sustainable economic activities. To be considered "green" under the EU Taxonomy, agricultural activities must meet technical screening criteria that demonstrate a positive environmental impact in areas such as climate change mitigation, adaptation, water management, and soil protection.

 Agriculture, including both crop and animal production, has the potential to contribute significantly to biodiversity conservation. However, not all animal-related activities are covered, and insect farming is currently excluded pending further research. Similarly, crop production criteria currently apply to open fields but not greenhouse or indoor settings. Forestry logging, fishing, and food and beverage manufacturing are also included in the EU Taxonomy. It is important to note that the EU Taxonomy is a framework for sustainable finance and does not impose regulations on the agricultural sector.