35 years: Capital markets editorial
This video will delve into the ESG taxonomies of Australia and South Africa. Jon Keith as he discusses the current status of their initiatives, the goals and objectives, and the implementation process. He also covers the private sector-led Australian Sustainable Finance Roadmap and its 2022 priority of developing a taxonomy and the launch of the first phase of South Africa’s Green Finance Taxonomy, which is part of the country’s Sustainable Finance Initiative and was drafted in response to recommendations made by the National Treasury.
This video will delve into the ESG taxonomies of Australia and South Africa. Jon Keith as he discusses the current status of their initiatives, the goals and objectives, and the implementation process. He also covers the private sector-led Australian Sustainable Finance Roadmap and its 2022 priority of developing a taxonomy and the launch of the first phase of South Africa’s Green Finance Taxonomy, which is part of the country’s Sustainable Finance Initiative and was drafted in response to recommendations made by the National Treasury.
8 mins 4 secs
Australia is in the early stages of developing its green taxonomy, which is being led by the private sector finance initiative, the Australian Sustainable Finance Institute (ASFI). The taxonomy will support the measurement of financial flows towards sustainable outcomes, align lending and investment portfolios with 2050 net-zero goals, and assist investors in engaging with investees around their transition plans. It will also help calibrate risk weightings for eligible green and sustainable assets. In South Africa, the first phase of the Green Finance Taxonomy (GFT) was launched in April 2022 as part of the country's Sustainable Finance Initiative. The GFT is based on the EU Taxonomy, adapted for South African considerations, and will help identify sustainable investments and support the transition to a low-carbon economy.
Key learning objectives:
Understand the progress made towards developing an Australian Green Taxonomy
Understand the progress made towards developing a South African Green Taxonomy
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