Singapore-backed multi-jurisdiction Common Ground Taxonomy to debut at COP29

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Eco-Business 2w ago

Singapore-backed multi-jurisdiction Common Ground Taxonomy to debut at COP29 - Eco-Business

Quick Summary:

The China-EU taxonomy initiative's co-chair revealed that an expanded version will be launched in November, with hopes to add large economies like Brazil and Indonesia to become "a globally accepted benchmark for taxonomy development”.

But starting from last year, I invited Singapore to join in and it said, yes, let’s do it together,” said Ma, who was speaking to journalists in Hong Kong last Tuesday.“In the future, I can imagine that more countries will join.

The Monetary Authority of Singapore did not confirm this development, though a spokesperson told Eco-Business via email that “there will be some updates on our sustainable finance work during COP”.