OER– Masterclass on the Development and Implementation of Sustainable Taxonomies. Cases of Colombia and Mexico
ABOUT THIS COURSE
What is REA: before registering in the classroom, learn about the characteristics of open educational resources by visiting this site: https://cursos.iadb.org/en/programas/recursos-educativos-abiertos
The REA "Masterclass on the development and implementation of sustainable taxonomies. Cases of Colombia and Mexico" is a training and information resource produced by the Regional Climate Change Platform of Economy and Finance Ministries of Latin America and the Caribbean (an initiative whose Technical Secretariat is provided by the IDB), in collaboration with the Ministry of Finance and Public Credit of Colombia, the Financial Superintendency of Colombia and the Ministry of Finance and Public Credit of Mexico.
This resource contains explanatory videos divided into seven thematic modules, as well as suggested links, downloadable presentations and a glossary of frequently asked questions. These materials seek to strengthen institutional capacities in the countries of the region for the design, structuring and implementation of taxonomies, as part of the standardization tools that promote the development of market infrastructure and resource mobilization towards sustainable financing.
AUDIENCE OF THE COURSE
COST & REIMBURSEMENTS
COURSE STRUCTURE
- What is and what is not a Sustainable Finance Taxonomy?
- When is a taxonomy green and when is it sustainable?
- What should countries consider when initiating a green or sustainable taxonomy development process?
- What has been the IDB's support for sustainable taxonomies?
CASES OF COLOMBIA AND MEXICO
- What is the international and national background and context in which the Taxonomy was developed?
- What public policy decisions were considered in defining the Green or Sustainable Taxonomy?
- What are the principles that guided the development of the Taxonomy?
- What is the legal or organizational framework to which the instrument is aligned?
- What are the objectives of Taxonomy?
- What are the applications and users of the Taxonomy?
- What are the lessons learned in the identification of the institutional framework?
CASES OF COLOMBIA AND MEXICO
- What is the conceptual and methodological framework you used for the development of the Taxonomy?
- What is the estimated time for developing a taxonomy?
- What were the main activities contemplated in the Work Plan for the development of the Taxonomy?
- What are the resources required for the development of the Taxonomy? Was there any external support (economic, financial and/or technical) for this?
- What are the lessons learned from this phase of taxonomy design?
CASES OF COLOMBIA AND MEXICO
- What were the communication, collaboration and coordination mechanisms implemented in the development of the instrument?
- Is there a defined governance structure for sustainable finance in the country? Which entities participated in the development of the Taxonomy?
- Were any modifications made to the existing roles for this particular process?
- What are the lessons learned in defining the governance?
CASES OF COLOMBIA AND MEXICO
- What were and how were the environmental and/or social objectives of the Taxonomy defined?
- What is the structure of the Taxonomy?
- How were the eligible priority economic activities and sectors defined and classified?
- Was a gradual scheme of incorporation of new users, sectors, assets and activities contemplated?
- What frameworks were used as a basis for defining minimum rules or safeguards?
- What type of stakeholders were involved in the definition of technical evaluation criteria?
- How were the technical groups that would define the eligibility criteria established?
- How were the Roundtables structured?
- How was the consultation process carried out prior to the publication of the Taxonomy?
- What are the lessons learned from the Taxonomy structuring phase?
CASES OF COLOMBIA AND MEXICO
- How was the normative, legal and/or regulatory process for the implementation of the Taxonomy?
- How and when was the implementation strategy defined?
- Was the Taxonomy pilot tested?
- What other tools to promote implementation have you developed following the publication of the Taxonomy?
- Are there plans to update the Taxonomy and/or expand the scope?
- What have been the lessons learned in the implementation process?
CASES OF COLOMBIA AND MEXICO
- What would be your main recommendations for a process of designing, structuring and implementing a green taxonomy?
- What have been the main challenges in coordination during the taxonomy development process?
- Downloadable presentations
- Glossary of Frequently Asked Questions about Sustainable Finance Taxonomies
- Links of interest