Developing a National Green Taxonomy

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INTRODUCTION
In recent decades, the challenges of a rapidly warming planet and other aspects of environmental degradation have motivated a call for all actors in society, including the financial sector, to take responsibility for environmental sustainability. While global financing needs for environmentally sustainable growth have not, to date, been systematically estimated, the Global Commission on the Economy and Climate reckons that the world will need to invest approximately US$90 trillion in sustainable infrastructure assets over the next 15 years.2 Financing is also needed to support sustainable agriculture and avoid deforestation, among other priorities.

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