Summary
This guide presents the 'Principles for Taxonomy Interoperability,' developed under the 'Roadmap for Promoting Interoperability and Comparability of Sustainable Finance Taxonomies' initiative. Launched at COP29 in 2024 by the Central Bank of Azerbaijan (CBAR), the initiative seeks to establish a unified taxonomy and technical guidelines for transition activities to facilitate cross-border capital flows by ensuring different sustainable finance taxonomies can be compared based on common principles or scientific baselines.
Key insights
- The 'Roadmap for Promoting Interoperability and Comparability of Sustainable Finance Taxonomies' initiative was launched at COP29 in 2024 by the Central Bank of Azerbaijan (CBAR) as a voluntary international cooperation mechanism to achieve technical progress in taxonomy interoperability.
- The Brazilian Ministry of Finance joined the initiative in April 2024, linking it to the 'Baku to Belém Roadmap' with a goal to mobilize 1.3 trillion USD in public and private climate finance annually by 2035 to support developing countries.
- The document outlines seven principles for taxonomy interoperability intended for policymakers and creators to improve the design, governance, and implementation of sustainable finance taxonomies: 1) basing frameworks on jurisdictional priorities and best practices (e.g., G20 principles); 2) using unified design elements and terminology; 3) defining clear use cases and user groups, including paths for SMEs; 4) ensuring regular reviews and expansion of coverage; 5) reducing complexity through scientific standards; 6) enhancing market recognition via communication and capacity building; and 7) engaging in international cooperation and comparative research.
Cite the original document
- APA
- Climate Bonds Initiative (2025). 分类体系互操作性原则. https://www.climatebonds.net/files/documents/publications/Mandarin-Principles-for-Taxonomy-Interoperability.pdf
- Chicago
- Climate Bonds Initiative. 分类体系互操作性原则. 2025. https://www.climatebonds.net/files/documents/publications/Mandarin-Principles-for-Taxonomy-Interoperability.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=分类体系互操作性原则 |date=November 2025 |url=https://www.climatebonds.net/files/documents/publications/Mandarin-Principles-for-Taxonomy-Interoperability.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2025, author = {{Climate Bonds Initiative}}, title = {{分类体系互操作性原则}}, institution = {Climate Bonds Initiative}, year = {2025}, month = nov, url = {https://www.climatebonds.net/files/documents/publications/Mandarin-Principles-for-Taxonomy-Interoperability.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated