Mapping of sustainable finance definitions and taxonomies

This chapter proposes initial policy considerations relevant to the design of sustainable finance taxonomies by policy makers. For instance, taxonomies can deal with economic activities, or with financial products. They can cover a variety of environmental objectives. They can target different “shades of green”, ranging from activities that are already aligned with environmental objectives, to transition activities, even to “dirty” activities at the opposite end of the spectrum. The stringency of criteria, geographical scope, and adaptability to innovation are additional examples of design considerations.