To achieve net zero, it is crucial that economic activities are aligned with the transition to a low-carbon economy and capital flows are redirected towards sustainable projects. This can only be achieved with clear criteria and legislation. The European Union has led the way with its taxonomy, but to mitigate climate change, other jurisdictions must establish their own.
OMFIF’s Sustainable Policy Institute is convening a private roundtable discussion with Irene Espinosa-Cantellano, deputy governor, Banco de México, and Robert Youngman, principal policy analyst, Organisation for Economic Co-operation and Development Environment Directorate, to discuss transition taxonomy in carbon-heavy jurisdictions. The roundtable will explore how to develop standards, credit solutions, risks and opportunities, the transition to greener capital markets and the role the taxonomy may play.
Irene Espinosa-Cantellano, Deputy Governor, Banco de México
Robert Youngman, Principal Policy Analyst, OECD Environment Directorate
10:00-11:00 (New York)
This meeting will be conducted under the OMFIF Rules.
This virtual 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.
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