The sustainable finance non-profit’s entrance into the A&R taxonomy arena could be a game changer.
- The Climate Bonds Initiative (CBI), an experienced standard-setter and certifier of climate-friendly financial instruments, is working to create a taxonomy for adaptation and resilience (A&R) investments
- A 26-strong Resilience Taxonomy Advisory Group (RTAG) will help CBI create a prototype taxonomy by July
- The CBI’s entrance into the taxonomy arena could be a gamechanger given its history, reach, and influence
- The challenge will be to create a taxonomy that is easy to use, but also credible in the eyes of investors, issuers, and climate advocates
- One thing a taxonomy can’t do on its own: make A&R investments financially attractive to investors
Read the full story, citing Emilie Mazzacurati from Tailwind.