Companies and financial institutions are increasing their focus on sustainability, and this has led to a series of questions, such as “what qualifies as sustainable?” and “what is a sustainable investment?”. In this context, having clear sustainable finance taxonomies provide a clear definition and classification of sustainable economic activities, fostering market transparency and scaling up sustainable finance while building trust and preventing problems like greenwashing.
To help policymakers set up and develop sustainable finance taxonomies, the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH developed the “Introduction to Sustainable Finance Taxonomies” e-course on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) and in cooperation with the Sustainable Banking and Finance Network (SBFN).
This 4-module learning experience has been affiliated on UN CC:e-Learn and takes and average of 4 hours to be completed. The e-course provides learners with an overview of sustainable finance taxonomies, their relevance, purpose, and different use cases, and explains the core elements of taxonomies while introducing principles and good practices for their development. It also shows how theory is applied in practice through in-depth case studies and real-world examples from China, Colombia, the EU, and South Africa.
Who should take this course?
This course is aimed primarily at policymakers, including key ministerial staff, regulators, central bankers, capital market authorities and their advisors, as well as anyone who is interested in learning how to set up and develop sustainable finance taxonomies.
What will you learn?
This e-learning course provides technical knowledge that will help you understand what sustainable finance taxonomies are, how they can mobilize capital for sustainability-aligned economic activities, and good development practices that can help ensure they are locally applicable and globally interoperable.
After completing the course, you will be able to:
- Explain sustainable finance taxonomies and their purpose.
- Detail the real-life application of taxonomies in the EU and China.
- Illustrate the key principles of taxonomy development and good practices.
- Demonstrate how international good practices, combined with national priorities, have been used in the development of taxonomies in South Africa and Colombia.
Will you get a certificate?
The successful completion of the course rewards the learner with a certificate. To complete the course, the learner must complete all four modules, pass each associated quiz with a minimum grade of 70% from no more than three attempts, and fill in the evaluation questionnaire.
Affiliation Programme
The course is made available on UN CC:e-Learn through the new UN CC:Learn affiliation programme, which highlights high-quality e-learning products on climate change developed by recognised institutions outside the framework of the UN CC:Learn programme / without support from the UN CC:Learn Secretariat, in accordance with specific affiliation criteria. The objective of the UN CC:Learn affiliation programme is to enhance global climate literacy through dissemination of high-level learning products that complement UN CC:Learn resources.