European Union Taxonomy--Can It Be an Effective Instrument for Legal Protection of Investors Against Greenwashing?
European Union Taxonomy--Can It Be an Effective Instrument for Legal Protection of Investors Against Greenwashing?
Author(s): Dominika PrzydaczSubject(s): Financial Markets, EU-Legislation, Green Transformation
Published by: Uniwersytet im. Adama Mickiewicza w Poznaniu
Keywords: taxonomy; sustainable investments; greenwashing; stakeholders; financial market;
Summary/Abstract: The article addresses legal issues related to Regulation (EU) 2020/852 of the European Parliament and of the Council of 18 June 2020 on the establishment of a framework to facilitate sustainable investment, and amending Regulation (EU) 2019/2088. The regulation is analysed in the context of greenwashing with a view to determining whether it can be an effective legal protection instrument for investors in the financial products market. The provisions of the Regulation are analysed from a legal-dogmatic perspective, according to linguistic, functional and systemic interpretation, without skipping social and economic aspects. The text discusses greenwashing itself and its legal qualification under Polish and EU law. It also compares the legal situation of consumers and investors, focusing on the scope of legal protection that both groups could benefit from in the event of suffering damage.
Journal: Zeszyt Prawniczy UAM
- Issue Year: 2025
- Issue No: 15
- Page Range: 71-84
- Page Count: 14
- Language: English
