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Sustainable finance package 2023

Policy

23 August 2024

Sustainable finance package 2023

Adventure tourism

Coastal, maritime and inland water tourism

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The European Commission’s sustainable finance package seeks to enhance the EU’s framework by targeting the EU Taxonomy, ESG ratings, and transition funding.

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European Commission

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Geographical descriptors

Austria

Belgium

Bulgaria

Croatia

Cyprus

Czechia

Denmark

Estonia

EU-27

Finland

France

Germany

Greece

Hungary

Ireland

Italy

Latvia

Lithuania

Luxembourg

Malta

Netherlands

Poland

Portugal

Romania

Slovakia

Slovenia

Spain

Sweden

Organisation Type

Academic/Research and VET Institutions

Company with 250 or more employees

Consumer / tourist organisation

Cultural and Heritage Organisations

Destination Management & Marketing Organisations

EU institutions

Financial Institutions and Investors

Industry Associations and Chambers of Commerce

International Organisations

Local authorities

Media/Travel Journalist Organisations

National authorities

Networks and Federations / Confederations

NGOs / Non-profits

Regional authorities

SMEs (a company with less than 250 employees)

Trade Unions

  • Specific types of tourism

    • Adventure tourism

    • Coastal, maritime and inland water tourism

    • Cultural tourism

    • Ecotourism

    • Education tourism

    • Festival tourism

    • Gastronomy tourism

    • Health and medical tourism

    • MICE tourism

    • Mountain tourism

    • Religious tourism

    • Rural tourism

    • Sports tourism

    • Urban/city tourism

    • Wellness tourism

  • Transition Pathway Strategic Areas

    • Governance of tourism destinations

    • Green Transition of Tourism Companies and SMEs

    • Sustainable mobility

  • Business activities

    • Activities of amusement parks and theme parks

    • Activities of associations and other organisations supporting tourism

    • Air passenger transport

    • Camping grounds, recreational vehicle parks and trailer parks

    • Events catering and other food services

    • Festivals, cultural and entertainment activities

    • Gardens and nature reserves activities

    • Holiday Housing / Apartments and other short stay accommodation

    • Hotel and similar accommodation

    • Mobile beverage services

    • Mobile food services

    • Museums

    • Operation of historical sites

    • Other

    • Other accommodation

    • Other amusement and recreation activities

    • Other food and beverage services

    • Other holiday reservation services

    • Other tourism transportation activities

    • Rail Passenger transport

    • Recreational and sport activities

    • Restaurants, cafes and bars (Food and Beverage serving activities)

    • Road passenger transport

    • Tour operator activities

    • Travel agency activities

    • Water (sea, coastal and inland) passenger transport

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The Sustainable finance package 2023 from the European Commission, published on June 13, 2023, aims to strengthen the EU’s sustainable finance framework to support companies and the financial sector in transitioning to sustainability. It adds new activities to the EU Taxonomy to guide investments towards activities that significantly contribute to environmental objectives. Furthermore, new rules are proposed for Environmental, Social, and Governance (ESG) rating providers to increase transparency and reliability. The package also encourages private funding for transition projects and technologies, facilitating financial flows to sustainable investments.

 

This comprehensive package is designed to ensure that the EU’s sustainable finance framework remains robust and effective in driving the transition to a sustainable economy. 

 

For an in-depth analysis and further insights, please visit the linked source on the left-hand side of the platform. 

#ESG #Sustainable tourism #Sustainable travel

Documents

Sustainable finance Factsheet
English
(510.19 KB - PDF)
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