Common Ground Taxonomy – Climate Change Mitigation

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In July 2020, under the IPSF, the EU and China initiated a Working Group on taxonomies with the objectives to undertake a comprehensive assessment of the existing taxonomies for environmentally sustainable investments, including identifying the commonalities and differences in their respective approaches and outcomes. In November 2021, the IPSF Taxonomy Working Group published the first version of the Common Ground Taxonomy (CGT) report, and issued a call for feedback to solicit comments. This publication is the second version of the CGT report, which now includes 72 climate mitigation activities that are recognized by both the EU Sustainable Finance Taxonomy and China’s Greed Bond Endorsed Project Catalogue.

Source: International Platform on Sustainable Finance(IPSF)

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