13 December 2023, Geneva, Switzerland - The “Introduction to Sustainable Finance Taxonomies” affiliated e-course is available in French and Spanish.

The course has been developed by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) and in cooperation with the Sustainable Banking and Finance Network (SBFN), and it helps policymakers set up and develop sustainable finance taxonomies

By answering important questions, such as “What qualifies as sustainable?” and “What is a sustainable investment?”, this 4-module learning experience sheds light on why 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

The course has been affiliated with UN CC:e-Learn in English, Spanish and French and takes and average of 4 hours to be completed. During this learning journey learners will get an overview of sustainable finance taxonomies, their relevance, purpose, and different use cases, while learning what the core elements of taxonomies are and discovering the principles and good practices for their development. The course 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.

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.

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.

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.

Take the course in English, French or Spanish.