Since the last edition of the SPI Journal, important strides have been made around the world in efforts to reach net zero.
Key ESG policy decisions
On 1 April, South Africa launched its national Green Finance Taxonomy. South Africa’s taxonomy ensures that national priorities are reflected while remaining aligned with international trends.
On 11 April, President of Colombia Iván Duque launched the country’s national green taxonomy at the New York Stock Exchange. Colombia has become the first country in Latin America to launch its own green taxonomy.
The Stock Exchange of Thailand unveiled its Sustainability Reporting Guide for listed companies on 6 May. It includes ESG metrics for each industry group and guidance on the disclosure of sustainability-related information with transparency, quality and standardisation.
On 15 June, the Basel Committee on Banking Supervision issued principles for the effective management and supervision of climate-related financial risks. The committee aims to promote a principles-based approach to improving banks’ risk management and supervisors’ practices in climate-related financial risks.
Canada’s Accounting Standards Oversight Council and Auditing and Assurance Standards Oversight Council announced the creation of the Canadian Sustainability Standards Board on 15 June.
Central bankers’ speeches
Selected speeches on climate change and sustainable finance, April–June 2022.
Selected reports on climate change and sustainable finance, April–June 2022.
The report leverages the experiences of NGFS members and observers to shed light on the state of play and key challenges surrounding market transparency issues.
This report aims to assist supervisory and regulatory authorities in developing their approaches to monitoring, managing and mitigating risks arising from climate change and to promote consistent approaches across sectors and jurisdictions.
This report provides an overview of existing and emerging carbon pricing instruments around the world, including international, national and subnational initiatives. It also investigates trends surrounding the development and implementation of carbon pricing instruments and how they could accelerate the delivery of long-term mitigation goals.
The World Investment Report reviews investment in the UN sustainable development goals and in climate change mitigation and adaptation. It also looks at sustainable finance trends in capital markets and among institutional investors.