BAKU, Azerbaijan, November 14. The Central Bank of Azerbaijan (CBA) has approved a roadmap for the alignment of national taxonomies in collaboration with several other structures and with the support of the UN Environment Program Finance Initiative (UNEP FI), the CBA's Executive Director Shahin Mahmudzade told Trend.
According to him, the structures are the International Financial Corporation (IFC), the Sustainable Banking and Finance Network (SBFN), the International Platform on Sustainable Finance (IPSF), the UN Development Program (UNDP).
"Different countries have their own taxonomies, and a roadmap has been developed for their mutual alignment. This roadmap, which more than 110 countries have agreed to work on, covers activities in five different areas. The roadmap has already been approved, and the results will be discussed in Brazil. After Brazil, additional stages are likely to follow," he added.
Stay up-to-date with more news on Trend News Agency's WhatsApp channel