Brussels, EU lawmakers will vote today on green financing labels that include gas and nuclear energy investments amid the bloc’s growing energy crisis following the Russian-Ukraine war.

The guidelines are intended to channel private investments to help the European Union meet its 2050 climate goal of “net zero” greenhouse gas emissions.

The bill has been criticized by environmental groups and some EU lawmakers for “greenwashing” fossil fuel and nuclear energy investments since the European Commission proposed the move late last year.

Source: Oman News Agency