JAPAN: Kishida, Abe, and the quid pro quo
The first set of public opinion polls show only lukewarm support for new Prime Minister Fumio Kishida’s administration, and a large majority does not favor his economic plans. Even so, the Hallowe’en Lower House election won’t turn into a horror show for Kishida and the LD… Become a member to read the rest of […]
GERMANY: “Traffic light” perspectives for European and fiscal issues
The preparatory talks of recent days have led to the launch of exploratory negotiations for a “traffic light” coalition of the Social Democrats (SPD) with the Greens and the center-right Liberals (FDP). These are still not detailed coalition talks; nevertheless, this format is in… Become a member to read the rest of this article
BRAZIL: Tax reform surfaces amid legislative profligacy
President Jair Bolsonaro has been uncommonly discreet since his official apology to other branches of government for his frequent attacks against them two days after the pro-government protests on Independence Day, 7 September. Congress was already distancing itself from the gove… Become a member to read the rest of this article
A taxonomy of sustainable finance taxonomies
Sustainable finance taxonomies can play an important role in scaling up sustainable finance and, in turn, in supporting the achievement of high-level goals such as the Paris Accord and the UN sustainable development goals. This paper develops a framework to classify and compare existing taxonomies. Several weaknesses emerge from this classification and comparison, including the lack of usage of relevant and measurable sustainability performance indicators, a lack of granularity and lack of verification of achieved sustainability benefits. On this basis, the paper proposes key principles for the design of effective taxonomies.