"Do No Significant Harm" principle is a new approach in the usage of EU regional, cohesion and social funds for the period of 2021-2027, which applies to all areas of activities. The "Do No Significant Harm" principle means that economic activities must not cause significant harm to any of the environmental objectives.
How it works
In order to get financing from the funds, the applicant can be required to submit a "Do No Significant Harm" assessment. The assessment presents the evaluation of the company's and the planned project’s activities impact on the following six environmental objectives (mentioned in Article 9 of the Taxonomy Regulation (EU 2020/852)):
Climate change mitigation;
The transition to a circular economy;
Climate change adaptation;
Pollution prevention and control;
The sustainable use and protection of water and marine resources;
The protection and restoration of biodiversity and ecosystems.
The assessment is carried out in accordance with the technical guidelines of the European Commission "Technical guidance on the application of ‘Do No Significant Harm’ under the Recovery and Resilience Facility Regulation".