New classification system will help track green credentials in financial sector
SA’s first national green finance taxonomy will assist the financial sector’s response to climate change and support sustainable development
05 April 2022 - 22:53
After a two-year consultation and development process, SA’s first national Green Finance Taxonomy was launched recently by the Taxonomy Working Group, as part of the Sustainable Finance Initiative, chaired by the Treasury.
The taxonomy will serve as a classification system whereby investors can assess activities and assets that deliver on certain green or climate objectives...
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