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Green Taxonomy

The latest developments in sustainable finance: UK green taxonomy further delayed to Q1 2024; Switzerland refines voluntary climate scores.
High and wide chimney, a pipe with a large amount of smoke and substances released into the atmosphere. Part of a factory or enterprise that pollutes the environment in a snowy and frosty winter near the city
Around 1,800 EU ESG funds have invested in nuclear energy companies aligned to the taxonomy.
Canada flag with coins
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.
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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.  
A consultation on the draft document is open until 26 January.

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