Green Taxonomy

The latest developments in sustainable finance: IOSCO to work on transition plans; Kenya publishes draft green finance taxonomy.

The latest developments in sustainable finance: UK green taxonomy further delayed to Q1 2024; Switzerland refines voluntary climate scores.

Around 1,800 EU ESG funds have invested in nuclear energy companies aligned to the taxonomy.

Canada’s Sustainable Finance Action Council is working on a prioritisation framework and is in dialogue with CBI over definition of transition.

NZAOA chair calls for government support of MDB, DFI reforms; ISSB to prioritise climate-related disclosures.

The taxonomy's multi-tier model is designed to respond to regional diversity.

Inconsistencies and ambiguities around the minimum social safeguards are among key concerns, as well as need for a transition and social taxonomy.

Focus on usability, closer collaboration with users and the Commission, and bringing together pieces of sustainable finance package will categorise Platform 2.0.  

Plus: The UK and Singapore unveil partnership on sustainable finance and green economy initiatives.

The group will ramp up its focus on the usability of the bloc’s taxonomy – and the EU sustainable finance framework – as part of its new mandate.