We had an EU Taxonomy, a China Taxonomy, a Common Ground Taxonomy between the 2 being worked out, a UK Taxonomy in the making, many other Taxonomies around the world… now we have a common Asean (10 States in South East Asia) Taxonomy for Sustainable Finance.

It is clearly stated that this is only Level 1, with a main objective to tackle climate change mitigation. Other environmental objectives will be pursued in further evolution of the Taxonomy.

It is worth highlighting the 5 high level principles for this Taxonomy:

 

The European Commission page to find all the information about the ISPF is here: https://ec.europa.eu/info/business-economy-euro/banking-and-finance/sustainable-finance/international-platform-sustainable-finance_en