Consultancy for physical climate risk management and adaptation
The provision or the contracting of consultancy activities enabling businesses or organisations to manage physical climate risks.
The economic activity is carried out with at least one of the following objectives:
- the provision of or support with conducting assessments of climate impacts, vulnerability or risks;
- the development, implementation, monitoring, or evaluation of strategies, plans, or measures for the management of physical climate risks.
The economic activity does not include technical consultancy related to engineering activities dedicated to adaptation to climate change (see Section 9.1 of the applicable Delegated Act), close to market research, development and innovation (see Section 9.2 of the applicable Delegated Act) and consultancy as part of the development or programming of software enabling physical climate risk management and adaptation (see Section 8.4 of the applicable Delegated Act).
The economic activities in this category could be associated with the NACE code M74.90 in accordance with the statistical classification of economic activities established by Regulation (EC) No 1893/2006.
Substantial contribution
This activity can make a substantial contribution to the following objective(s). The activity must also pass DNSH assessment against the remaining five objectives.
✓ Climate adaptation
1. The activity removes information, technological or capacity barriers to adaptation.2. The activity uses a methodology and data that:are based on best practice and available guidance and take into account the state-of-the-art science for vulnerability, and risk analysis and related methodologies in line with the most recent Intergovernmental Panel on Climate Change reports(701), scientific peer-reviewed publications, open source(702) or paying models;are consistent with standards and guidelines on climate adaptation and risk management and disaster risk reduction, including for example EN ISO 14090:2019(703) for the understanding of climate impacts and uncertainties and their use in decision-making, as well as ISO 14091:2021(704) on climate vulnerability, impacts and risk assessment, the Technical Guidance on Comprehensive Risk Assessment and Planning in the Context of Climate Change(705), and the Sendai Framework for Disaster Risk Reduction(706).3. The climate risk management strategies, plans, and measures that are developed:do not adversely affect the adaptation efforts or the level of resilience to physical climate risks of other people, of nature, of cultural heritage, of assets and of other economic activities; favour nature-based solutions(707) or rely on blue or green infrastructure(708) to the extent possible; are consistent with local, sectoral, regional or national adaptation strategies and plans;are monitored and measured against pre-defined indicators and remedial action is considered where those indicators are not met.
Do No Significant Harm criteria
To be taxonomy-aligned, this activity must not significantly harm any of the five objectives it does not substantially contribute to.
Climate change mitigation
The activity is not undertaken on fossil fuel extraction, storage, transport or manufacture facilities.
Water and marine resources
N/A
Circular economy
N/A
Pollution prevention and control
N/A
Biodiversity and ecosystems
N/A
Criteria sourced from the EU Taxonomy Navigator. Applicable act: Climate Delegated Act (OJ L 442, 9.12.2021). Last verified: 19 July 2026.
Related reading: EU Taxonomy explained · Evidence sustainability auditors look for
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