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COP28 Side Event: “Instruments to Channel Investments Towards Environmentally Sustainable Objectives”

Wed, Dec 06

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Chile Pavilion COP28

We will be hosting an event on taxonomies with the Ministry of Finance for Chile.

Time & Location

Dec 06, 2023, 1:00 PM – 2:30 PM GMT+4

Chile Pavilion COP28, Al Wasl Avenue - Dubai - United Arab Emirates

About the Event

This event is poised to critically examine a spectrum of tools and mechanisms designed to encourage and direct investments into environmentally sustainable activities. It will focus on two specific topics: 1) classification systems or taxonomies, and 2) financial disclosure obligations.

The move towards investing in sustainable finance and mobilizing green capital has led to an increase in developing instruments to channel investments towards environmentally sustainable objectives. Countries worldwide, specifically in the Latin America region, have made substantial progress over the past two years in developing transparent information architecture for sustainable finance to enhance sustainable investment in a coordinated way, aligning public and private financial flows towards sustainable and climate objectives.

The growth of sustainable finance has involved positive interactions between policymakers, public and private financial institutions, and financial regulators. Today, these interactions have led to a growing number of initiatives across the Latin American region not only for developing taxonomies…

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