The Depth & Breadth of Regulatory Initiatives Across Regions in 2021
JANUARY 21, 2022
- Sustainable finance regulation has developed significantly both in depth and in breadth across the globe.
- While Europe is still the frontrunner, other regions, especially Asia, are catching up.
- While the most widely used regulatory initiative so far are green bond guidelines, second to that and often connected are national and regional taxonomies.
- Regulatory initiatives vary greatly in terms of bindingness, scope, and prescriptiveness.