Sustainable Finance Taxonomies in ASEAN: Towards Regional Harmonization

The analysis reflected in the report shows that the taxonomies of the States belonging to the Association of Southeast Asian Nations (ASEAN) share the objectives of climate change mitigation and adaptation, while some also list other priorities such as biodiversity protection, circular economy and marine resource management.

There is significant overlap in sectoral coverage between national taxonomies despite different levels of progress in developing sector-specific criteria.