Breaking news – Sustainable Finance

What’s new in sustainable finance?

Every week, Carbon4 Finance shares the latest headlines in sustainable finance.

The Green Technical Advisory Group (GTAG) published its final recommendations paper to the UK government in the UK Taxonomy framework. This group has been working for 2 years. In the meantime, 21 additional taxonomies have been announced, reaching 50 taxonomies worldwide.

UK just released their final Transition Plan Taskforce’s disclosure framework and Implementation Guidance. This TPT was initially announced in November 2021 and launched in April 2022 to develop gold standards for private sector climate transition plans.

On last Thursday, MEPs approved a new voluntary standard to fight greenwashing with the “Green Bond” label. From now on, the use of the EU Green Bond (EuGB) Label will require considerable information about how the bond’s proceeds will be used. 

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