{"query_echo":{"q":"","filters":{"climate_tags":["taxonomy"]},"warnings":[{"code":"facet_value_not_in_vocabulary","message":"Value 'taxonomy' for facet 'climate_tags' is not in the controlled vocabulary."}]},"total":{"value":3,"relation":"eq"},"page":1,"page_size":20,"self":"https://climateinsightsdirectory.org/api/v1/search?climate_tags=taxonomy","stability":"beta","ai_marking":{"digital_source_type":{"uri":"http://cv.iptc.org/newscodes/digitalsourcetype/trainedAlgorithmicMedia","name":"Created using Generative AI"},"notice":"Summary and key insights are generated using artificial intelligence."},"results":[{"id":"clibonds-000008","url":"https://climateinsightsdirectory.org/document/clibonds-000008","title":"Hong Kong Sustainable Debt Market Briefing 2024","publisher":{"name":"Climate Bonds Initiative","organization":"climate-bonds-initiative"},"document_type":"briefing","language":"en","date_published":"2025-07-17","source_url":"https://www.climatebonds.net/data-insights/publications/hong-kong-sustainable-debt-market-briefing-2024","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"The Hong Kong Sustainable Debt Market Briefing 2024 analyzes the performance of sustainable debt in Hong Kong through the end of 2024, highlighting a decline in locally originated debt alongside a significant increase in international GSS+ bond issuance and the launch of the Hong Kong Taxonomy.","ai_generated":true,"unit":"clibonds-000008#summary","date_modified":"2026-08-17"},"key_insights":[{"text":"Locally originated sustainable debt in Hong Kong decreased by 41% to USD10.8 billion in 2024. This decline was primarily caused by a 54% drop in green bond issuance, which totaled USD7.2 billion, due to lower activity from the HKSAR Government. Conversely, social bonds increased by 19.8% to USD3.1 billion, and sustainability bonds grew by 400% to USD532 million.","ai_generated":true,"unit":"clibonds-000008#insight-1","date_modified":"2026-08-17"},{"text":"Hong Kong issued USD43.1 billion in green, social, sustainability, and sustainability-linked (GSS+) bonds in 2024, representing a 43.2% year-on-year increase according to HKMA's methodology. This volume accounted for 45% of Asia’s international sustainable debt market, with green and sustainability bonds making up 87% of that total.","ai_generated":true,"unit":"clibonds-000008#insight-2","date_modified":"2026-08-17"},{"text":"In May 2024, Hong Kong launched the Hong Kong Taxonomy, created with expertise from Climate Bonds. The taxonomy defines 12 activities across four sectors and is aligned with global frameworks, with future plans to include hard-to-abate sectors and expand cross-border initiatives with China and APAC.","ai_generated":true,"unit":"clibonds-000008#insight-3","date_modified":"2026-08-17"}],"climate_tags":["sustainable finance","green bonds","taxonomy","carbon neutrality"],"geography_discussed":["Asia","People's Republic of China","APAC"],"frame_perspective":[],"analysis_type":["market analysis"]},{"id":"clipolin-000249","url":"https://climateinsightsdirectory.org/document/clipolin-000249","title":"Rural Credit Case Study","publisher":{"name":"Climate Policy Initiative","organization":"climate-policy-initiative"},"document_type":"case study","language":"en","date_published":"2024-04-11","source_url":"https://www.climatepolicyinitiative.org/rural-credit-case-study/","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","analysis_type"],"summary":{"text":"This case study analyzes the sensitivity of sustainability classifications for rural credit in Brazil, comparing five different taxonomies and initiatives applied to data from the BCB's SICOR system between July 2015 and June 2023.","ai_generated":true,"unit":"clipolin-000249#summary","date_modified":"2026-08-17"},"key_insights":[{"text":"The volume of rural credit in Brazil classified as sustainable varies significantly depending on the chosen framework. For the 2022/23 agricultural year, the proportion of sustainable credit ranged from 1% when using subprograms explicitly associated with the SPSABC to 44% when using MAPA's SPAS.","ai_generated":true,"unit":"clipolin-000249#insight-1","date_modified":"2026-08-17"},{"text":"Between the 2018/19 and 2022/23 agricultural years, total rural financing in Brazil increased by 64% in real terms, rising from R$173.19 billion to R$358.67 billion. During this same period, credit aligned with certain sustainability criteria grew more than proportionally: MAPA's SPAS increased by 103%, the Climate Bonds Taxonomy by 96%, and the BCB Public Consultation no. 82/2021 criteria by 209%.","ai_generated":true,"unit":"clipolin-000249#insight-2","date_modified":"2026-08-17"},{"text":"The increase in credit classified as sustainable under the BCB's criteria from 2019/20 onwards is primarily attributed to a growing number of operations reporting \"No-till Farming\" in the \"Type of Crop\" field and \"Minimum Cultivation\" in the \"Type of Cultivation\" field within the SICOR system.","ai_generated":true,"unit":"clipolin-000249#insight-3","date_modified":"2026-08-17"},{"text":"The study highlights a tension between conservative and flexible sustainability definitions. Conservative approaches that only consider explicit ABC+ practice programs exclude costing contracts that may use those practices. Conversely, flexible approaches like SPAS make strong assumptions about sustainability for products such as soybeans, which may ignore negative externalities like glyphosate use and water quality impacts, potentially violating the DNSH principle of the Brazilian Sustainable Taxonomy Action Plan.","ai_generated":true,"unit":"clipolin-000249#insight-4","date_modified":"2026-08-17"}],"climate_tags":["agriculture","land use","sustainable finance","taxonomy","no-till farming"],"geography_discussed":[],"frame_perspective":[],"analysis_type":["case study","quantitative analysis"]},{"id":"clibonds-000614","url":"https://climateinsightsdirectory.org/document/clibonds-000614","title":"气候债券分类方案","publisher":{"name":"Climate Bonds Initiative","organization":"climate-bonds-initiative"},"document_type":"guide","language":"zh","date_published":"2018-07","source_url":"https://www.climatebonds.net/files/drupal-files/files/CBI-Taxonomy-Sep18-CH.pdf","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","analysis_type"],"summary":{"text":"The Climate Bonds Taxonomy is a science-based guide published by the Climate Bonds Initiative to identify assets and projects compatible with a low-carbon, climate-resilient economy aligned with the Paris Agreement's 2-degree Celsius warming target. It provides a 'traffic light' system to categorize assets as automatically compatible (green), potentially compatible (orange), incompatible (red), or requiring further work (grey), serving as the basis for the Climate Bonds Standard certification process.","ai_generated":true,"unit":"clibonds-000614#summary","date_modified":"2026-08-17"},"key_insights":[{"text":"The taxonomy uses a color-coded 'traffic light' system to indicate whether assets and projects align with a 2-degree Celsius decarbonization trajectory: green for 'automatically compatible', orange for 'potentially compatible' (depending on specific criteria), red for 'incompatible', and grey for those requiring further work to determine compatibility.","ai_generated":true,"unit":"clibonds-000614#insight-1","date_modified":"2026-08-17"},{"text":"The taxonomy is based on the latest climate science, incorporating research from the Intergovernmental Panel on Climate Change (IPCC) and the International Energy Agency (IEA), and utilizes the expertise of hundreds of technical specialists globally.","ai_generated":true,"unit":"clibonds-000614#insight-2","date_modified":"2026-08-17"},{"text":"The taxonomy covers a wide range of sectors including energy, transport, water resources, buildings, land use and ocean resources, industry, waste management, and information and communication technology (ICT).","ai_generated":true,"unit":"clibonds-000614#insight-3","date_modified":"2026-08-17"}],"climate_tags":["energy transition","climate finance","taxonomy","paris agreement","low-carbon economy"],"geography_discussed":[],"frame_perspective":[],"analysis_type":["Technical Guide","Classification Framework"]}]}