The guidance will help mainstream climate considerations in future investment and development of infrastructure projects from buildings, network infrastructure to a range of built systems and assets. That way, institutional and private European investors will be able to make informed decisions on projects deemed compatible with the Paris Agreement and the EU climate objectives. The guidance adopted today will thus help the EU deliver the European Green Deal, implement requirements under the European Climate Law and make EU spending greener. It is aligned with a greenhouse gas emission reduction pathway of -55% net emissions by 2030 and climate neutrality by 2050; follows the ‘energy efficiency first' and ‘do no significant harm' principles; and fulfils requirements set out in the legislation for several EU funds such as InvestEU, Connecting Europe Facility (CEF), European Regional Development Fund (ERDF), Cohesion Fund (CF) and the Just Transition Fund (JTF).