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France proposes common US-EU taxonomy for green finance

·1 min read

PARIS, March 10 (Reuters) - French Finance Minister Bruno Le Maire said that during a meeting with U.S. climate change envoy John Kerry he had proposed that the United States and Europe work on a common taxonomy for green finance.

Le Maire said it was important to open discussions with the United States on carbon border tax adjustments, and to avoid importing CO2 emissions from countries that do not respect climate issues in their production processes.

Le Maire also said nuclear energy should continue to plan a key role in low-carbon power generation. (Reporting by Leigh Thomas, Benoit Van Overstrateten and Geert De Clercq; Editing by Jan Harvey)