3. CapEx for Taxonomy-eligible and Taxonomy-aligned activities
CapEx
CapEx
| 2025 |
Breakdown of Taxonomy-aligned activities by environmental objective |
| Economic activity |
Code |
Proportion of Taxonomy-eligible CapEx |
Taxonomy-aligned CapEx |
Proportion of Taxonomy-aligned CapEx |
Climate change mitigation |
Climate change adaptation |
Water and marine resources
|
Circular economy |
Pollution prevention and control
|
Biodiversity and ecosystems
|
Enabling activity |
Transitional activity |
Proportion of Taxonomy eligible activities that are aligned |
| |
|
% |
€m |
% |
% |
% |
% |
% |
% |
% |
E (where applicable) |
T (where applicable) |
% |
| Electricity generation using solar photovoltaic technology |
CCM 4.1 |
16% |
964 |
16% |
16% |
0% |
0% |
0% |
0% |
0% |
|
|
100% |
| Electricity generation from wind power |
CCM 4.3 |
3% |
189 |
3% |
3% |
0% |
0% |
0% |
0% |
0% |
|
|
99% |
| Infrastructure for rail transport |
CCM 6.14 |
4% |
205 |
3% |
3% |
0% |
0% |
0% |
0% |
0% |
E |
|
87% |
| Transmission and distribution of electricity |
CCM 4.9 |
3% |
121 |
2% |
2% |
0% |
0% |
0% |
0% |
0% |
|
|
79% |
| Material recovery from non-hazardous waste |
CCM 5.9 |
6% |
96 |
2% |
2% |
0% |
0% |
0% |
0% |
0% |
|
|
26% |
| Construction of new buildings |
CCM/ CE 7.1/3.1 |
5% |
73 |
1% |
1% |
0% |
0% |
0% |
0% |
0% |
|
|
25% |
| Flood risk prevention and protection infrastructure |
CCA 14.2 |
1% |
65 |
1% |
0% |
1% |
0% |
0% |
0% |
0% |
E |
|
98% |
| Transport by motorbikes, passenger cars and light commercial vehicles |
CCM 6.5 |
6% |
55 |
1% |
1% |
0% |
0% |
0% |
0% |
0% |
|
|
14% |
| Installation, maintenance and repair of energy efficiency equipment |
CCM 7.3 |
1% |
37 |
1% |
1% |
0% |
0% |
0% |
0% |
0% |
|
|
71% |
| Renovation of existing buildings |
CCM/ CE 7.2/3.2 |
1% |
34 |
1% |
1% |
0% |
0% |
0% |
0% |
0% |
|
|
37% |
| Construction, extension and operation of water collection, treatment and supply systems |
CCM 5.1 |
1% |
27 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
64% |
| Acquisition and ownership of buildings |
CCM 7.7 |
5% |
24 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
7% |
| Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings |
CCM 7.5 |
0% |
15 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
99% |
| Electricity generation from nuclear energy in existing installations |
CCM 4.28 |
0% |
10 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
78% |
| Renewal of waste water collection and treatment |
CCM 5.4 |
0% |
10 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
62% |
| Maintenance of roads and motorways |
CE 3.4 |
6% |
6 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
E |
|
2% |
| Renewal of water collection, treatment and supply systems |
CCM 5.2 |
0% |
7 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
59% |
| Construction, extension and operation of waste water collection and treatment |
CCM 5.3 |
0% |
5 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
45% |
| Air transport ground handling operations |
CCM 6.20 |
0% |
5 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
46% |
| Manufacture of other low-carbon technologies |
CCM 3.6 |
0% |
4 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
100% |
| Infrastructure enabling low-carbon road transport and public transport |
CCM 6.15 |
0% |
4 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
E |
|
14% |
| Electricity generation from hydropower |
CCM 4.5 |
0% |
4 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
52% |
| Transmission and distribution networks for renewable and low-carbon gases |
CCM 4.14 |
0% |
3 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
98% |
| Urban waste water treatment |
WTR 2.2 |
0% |
2 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
9% |
| Installation, maintenance and repair of renewable energy technologies |
CCM 7.6 |
0% |
2 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
8% |
| Infrastructure for personal mobility, cycle logistics |
CCM 6.13 |
1% |
2 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
E |
|
7% |
| Installation, maintenance and repair of charging stations for electric vehicles in buildings (and parking spaces attached to buildings) |
CCM 7.4 |
0% |
1 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
48% |
| Conservation, including restoration, of habitats, ecosystems and species |
BIO 1.1 |
0% |
1 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
50% |
| Freight transport services by road |
CCM 6.6 |
2% |
2 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
2% |
|
Pre-commercial stages of advanced technologies to produce energy from nuclear processes with minimal waste from the fuel cycle |
CCM 4.26 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| Sorting and material recovery of non-hazardous waste |
CCM 2.7 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
12% |
| Low-carbon airport infrastructure |
CCM 6.17 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
E |
|
5% |
| Construction and safe operation of new nuclear power plants, for the generation of electricity or heat, including for hydrogen production, using best-available technology |
CCM 4.27 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
51% |
| Professional services related to energy performance of buildings |
CCM 9.3 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
95% |
| Electricity generation from bioenergy |
CCM 4.8 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
6% |
| Production of heat/cooling from bioenergy |
CCM 4.24 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| Urban and suburban transport, road passenger transport |
CCM 6.3 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
T |
0% |
| Use of concrete in civil engineering |
CE 3.5 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
E |
|
0% |
| Remediation of legally non-conforming landfills and abandoned or illegal waste dumps |
PPC 2.3 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| Desalination |
CCM 5.13 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
E |
|
0% |
| Storage of electricity |
CCM 4.10 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
E |
|
0% |
| Electricity generation from fossil gaseous fuels |
CCM 4.29 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
T |
0% |
| Water supply |
WTR 2.1 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| Data-driven solutions for GHG emissions reductions |
CCM 8.2 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
E |
|
0% |
| Production of heat/cooling from geothermal energy |
CCM 4.22 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| Electricity generation from geothermal energy |
CCM 4.6 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| Electricity generation from renewable non-fossil gaseous and liquid fuels |
CCM 4.7 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| Electricity generation using concentrated solar power (CSP) technology |
CCM 4.2 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| Demolition and wrecking of buildings and other structures |
CE 3.3 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
E |
|
0% |
| Collection and transport of non-hazardous and hazardous waste |
CE 2.3 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| Production of alternative water resources for purposes other than human consumption |
CE 2.2 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| District heating/cooling distribution |
CCM 4.15 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| Restoration of wetlands |
CCM 2.1 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| Anaerobic digestion of bio-waste |
CCM 5.7 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| Collection and transport of non-hazardous waste in source segregated fractions |
CCM 5.5 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| Electricity generation from ocean energy technologies |
CCM 4.4 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| Infrastructure enabling low-carbon water transport |
CCM 6.16 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
E |
|
0% |
| Data processing, hosting and related activities |
CCM 8.1 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
T |
0% |
| High-efficiency cogeneration of heat/cooling and power from fossil gaseous fuels |
CCM 4.30 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
T |
0% |
| Manufacture, installation and associated services for leakage control technologies enabling leakage reduction and prevention in water supply systems |
WTR 1.1 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| Cogeneration of heat/cooling and power from solar energy |
CCM 4.17 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| Close to market research, development and innovation |
CCM 9.1 |
0% |
0 |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
0% |
| Taxonomy-aligned CapEx per objective |
|
|
|
|
31% |
1% |
0% |
0% |
0% |
0% |
|
|
|
| Total CapEx |
|
64% |
1,976 |
33% |
31% |
1% |
0% |
0% |
0% |
0% |
14% |
0 |
51% |
