The role of green taxonomies in closing the data gap
Taxonomies are a powerful tool for scaling up global sustainable funding and countering greenwashing. But the need for a common framework and more alignment between taxonomies across different jurisdictions has become critical. The rise of multiple green taxonomies, as well as disclosure and reporting frameworks, may provide more high-quality, transparent data on the environmental impact and climate risk of firms.
To accomplish this, it is important to understand the underlying datasets that are required for sustainable finance taxonomies. This will provide comparability and global harmonisation of sustainable finance and regulatory practice and help drive the allocation of sustainable capital at scale. Addressing the issue of availability and reliability of data is of paramount importance today.
This online event, organised by OMFIF’s Sustainable Policy Institute and the Future of Sustainable Data Alliance, will explore the use of taxonomies, data mapping and the different approaches to and challenges in enhancing data availability, reliability and comparability.
Senior Vice President, Mastercard
Co-founder and CEO, Climate Bonds Initiative;
Co-chair, FoSDA’s Mapping Taxonomies to Data workstream
Green Finance and Investment,
Head of EU Policy, UN-supported
Principles for Responsible Investment
09:00-10:00 (New York)
In partnership with:
This meeting will be recorded and will be available on OMFIF On Demand.
This discussion is part of the OMFIF Sustainable Policy Institute. The SPI is a high level community which brings together central banks, sovereign funds, public pension funds, and their counterparts in asset management, banking and professional services to explore policy, regulatory and investment challenges posed by environmental, social and governance themes. See more information on OMFIF’s SPI here.