BIS paper finds flaws in green taxonomies

The Bank for International Settlements, Basel
Photo: Ulrich Roth

Many green taxonomies suffer from weaknesses that undermine their usefulness in categorising sustainable assets, a paper published by the Bank for International Settlements finds.

A taxonomy of sustainable finance taxonomies sets out a framework to draw comparisons between different methods. It focuses on the taxonomies developed by the European Union, China and the Climate Bonds Initiative (CBI), an organisation devoted to developing the green bond market.

The paper breaks down the taxonomies

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.