CBSL launches Green Finance Taxonomy
12 May 2022 10:55 am
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The Central Bank has launched the Sri Lanka Green Finance Taxonomy, a classification system that defines and categorizes economic activities that are environmentally sustainable.
The taxonomy has been prepared in line with the international best practices while harmonizing for local context, the CBSL said in a statement today.
The new taxonomy is expected to enable financial market participants to raise low-cost funding for green activities through both domestic and foreign markets.