Key points
The report sets out some key considerations relevant to policymakers:
- Enhance market transparency about issuers’ and investors’ green and transition objectives. Taxonomies and climate transition frameworks are most effective when they are tied to clear objectives and science-based net zero targets.
- Facilitate comparability and interoperability of taxonomies, frameworks, and principles. A common understanding of criteria, targets and methodologies is critical to avoid divergences in assessments in green external reviews.
- Accelerate efforts on disclosure and reporting. Enhanced disclosure and reporting, based on global disclosure standards with industry-specific metrics, will form the basis for consistent, comparable and reliable climate data, transition plans and investment products.