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BIS Outlines Principles for Designing Effective Taxonomies

The principles for sustainable finance taxonomies will facilitate comparability and interoperability across firms and markets, says bank.

The Bank for International Settlements (BIS) has published a paper in which it proposes a set of standard principles for the design of effective sustainable finance taxonomies after finding shortcomings in existing taxonomies. Sustainable finance taxonomies can play an important role in scaling up sustainable finance and supporting the achievement…

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