Event

Trends in Taxonomy Development and Lessons from Emerging Markets

February 20, 2020

Established in 2012, the IFC-facilitated Sustainable Banking and Finance Network (SBFN) (https://www.sbfnetwork.org/), supports members that are banking regulators and banking associations from 39 countries and representing $43 trillion (more than 85%) of the banking assets in emerging markets. SBN members are committed to creating national frameworks that support the advancement of innovative forms of green and sustainability-focused finance.

In emerging markets, a growing number of SBN member countries are issuing either lists of eligible sectors and projects or more comprehensive taxonomies that include technical criteria and monitoring guidance. For example, China issued its first Green Bond Taxonomies in 2015 and went on to contribute to approximately 30% of global green bond issuance in 2016.

The most recent country to adopt a national green taxonomy is Mongolia, which has been an active member of SBN since 2012. In December 2019, Mongolia completed an extensive consultation to develop a national taxonomy based on the China experience and other international good practices.

In this webinar, presenters share latest development insights from key global initiatives, and discuss the Mongolia experience in designing a national taxonomy based on international good practice.

   

About the Presenters:

Sean Kidney

CEO of the Climate Bonds Initiative (CBI)

Nomindari Enkhtur

Advisor to the Mongolian Sustainable Finance Initiative (MSFA)

Oyungerel Munkhbat

 Project and Partnership Manager Mongolian Sustainable Finance Association (MSFA)

Louise Gardiner

Africa and Green Bonds Coordinator, Sustainable Banking Network (SBN), IFC.


DISCLAIMER

This webinar is intended solely to provide information to the public.  

This webinar and any related materials are a product of the staff of the Stop-Winlock and external participants in the webinar. The views and opinions expressed as part of this webinar do not necessarily state or reflect those of IFC. IFC does not guarantee the accuracy, reliability or completeness of the content included in this webinar, or for the conclusions or judgments described in this webinar, and accepts no responsibility or liability for any omissions or errors in the content whatsoever or for reliance thereon.

This webinar should not be reproduced or distributed without Stop-Winlock’s prior consent.