Many organisations, both locally and globally are playing a crucial role in ESG and sustainable finance. Our combined efforts make progress possible. Read about a number of key initiatives taking place, below.
About the National Green Finance Taxonomy Project
Under the leadership of National Treasury, and with support from IFC, the National Business Initiative (NBI) and Carbon Trust are working to develop a first national Green Finance Taxonomy for South Africa.
This is one of the key recommendations of the National Treasury draft Technical Paper on Financing a Sustainable Economy (May 2020).
The initial phase of work is supported by IFC, part of the World Bank Group, in partnership with SECO (Swiss State Secretariat for Economic Affairs) and Sida (Swedish International Development Cooperation Agency).
Stakeholder consultations were undertaken between July and November 2020, including oversight by a Technical Working Group.