BRUSSELS: European Parliament members on Monday rejected three attempts by some lawmakers to block the European Union's proposed rulebook for sustainable investments, as Brussels edges towards completing the first part of the landmark rules. On Monday, Parliament's environment and economic affairs committees rejected three attempts from lawmakers to object to the proposal. A majority of lawmakers or EU countries could block the proposal. Pascal Canfin, chair of the environment committee, welcomed the vote results and said the taxonomy would "strengthen EU leadership on green finance rules". The three motions had attempted to block the taxonomy proposal on grounds that it was not aligned with existing EU laws, or should have included nuclear energy and gas power plants as green investments.
