Policymakers from China and the EU discuss current climate investment taxonomies and what is needed to achieve a common worldwide taxonomy.
As countries and governments have pursued policies and regulations to fulfill their commitments to achieve a climate-neutral world by mid-century, they have formulated classification systems or “taxonomies” to define, guide and measure environmentally sustainable economic activities. Taxonomies have been developed in the EU, China and around the world to translate green objectives into criteria for investment, establish how assets and projects are aligned with green objectives and define green activities that can be financed by the financial system.
In this free webinar, two distinguished policymakers will discuss the most well-developed taxonomies currently in place (EU and China); explore the similarities, differences, and implementation progress to date; and debate what is still needed to achieve a common taxonomy and harmonization worldwide. What has been the experience to date and where are the gaps, as countries move from principles to more detailed technical criteria on the path to a green transition?
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