On Tuesday 30 April, the European Commission launched a consultation on the application of the “do no significant harm” (DNSH) principle to the Social Climate Fund approved in 2023 and intended to reduce the “social” cost of the green transition (see EUROPE B13169A41).
The DNSH principle aims to ensure that no EU-funded activity has a significant negative impact on climate and environmental objectives. It was introduced by the EU taxonomy and already applies to a number of EU...