How to Develop a National Green Taxonomy for Emerging Markets - A New World Bank Guide
(WorldNews China)

KUALA LUMPUR, July 13, 2020 - The World Bank today 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. The lack of clarity about which activities and assets can be defined as green has long posed a barrier to scaling up green finance. A green taxonomy identifies the activities or investments that deliver on...