“How to Develop a National Green Taxonomy for Emerging Markets – A New World Bank Guide” – The World Bank – July 12, 2020

In a press release published on July 12, 2020 The World Bank announced that it has “published a guide outlining the processes that financial regulators can use to develop a green taxonomy. The publication Developing a National Green Taxonomy:  A World Bank Guide will help regulators in emerging economies who seek to ‘green’ their countries’ financial systems.

This Guide was prepared by the World Bank in response to a request by the Malaysian central bank, Bank Negara Malaysia, to develop a common language on environmental issues by the financial sector and to support decisions related to climate risk in fundraising, lending, and investment activities.”

You may read the press release on the news page of The World Bank internet site.