WebNov 17, 2024 · The EU and China have produced the first fruits of their labour to make their green finance taxonomies mutually intelligible, and perhaps ultimately to harmonise them, with the publication at COP26 of their first Common Ground Taxonomy. Sustainable finance experts say it could be the beginning of introducing order to the present … Webon Sustainable Finance (IPSF) published its first EU-China Common Ground Taxonomy (CGT) Instruction Report, setting the stage for closer alignment of green definitions between the world’s two largest economies, both leaders in sustainable finance. 2.2 Taxonomy development approaches While the principles and methodologies of national
EU and China publish sustainable finance common …
WebThe Commission’s EU Taxonomy Compass enables users to check which activities are included, to which objectives they substantially contribute, and what criteria they must meet. The Compass is also intended to help integration of the criteria into business databases and other IT systems. As noted above, in the autumn the Commission will issue additional … WebNov 16, 2024 · The Common Ground Taxonomy-Climate Change Mitigation (CGT) builds on the EU Green Taxonomy and Chinese Green Bond Catalogue, and marks the … gloucestershire health care intranet
Sustainable Taxonomy development worldwide: a standard …
WebNov 18, 2024 · The EU and China turned an important corner last week in Glasgow with the publication of a comparison of their taxonomies: The Common Ground Taxonomy. Differences between taxonomies become problematic when climate efforts need to be aligned, such as when China includes clean coal as a green activity. WebNov 8, 2024 · The Common Ground Taxonomy (CGT) is the first in depth report that shows how the two taxonomies map on to each other — which areas are covered by both or only one. Where there is overlap, it ... WebDec 9, 2024 · The Common Ground Taxonomy has explored the commonalities of the EU and China’s approaches rather than the differences. The working group reported that in scenarios where one … boiler for home heating prices