Developing a Sustainable Finance Taxonomy for the African Financial Sector

The African Financial Alliance on Climate Change (AFAC) and the Making Finance Work for Africa (MFW4A) organized a webinar on Developing a Sustainable Finance Taxonomy for the African Financial Sector on January 23, 2025 (11 am- 12.30 pm).
The webinar was a key part of AFAC’s efforts to develop a Sustainable Finance Taxonomy for the African Financial Sector. It followed a series of stakeholder workshops and a benchmarking exercise against international best practices to gather insights on the strategic objectives, primary uses and users, sustainability goals, alignment criteria, and the sectors to be covered by the proposed taxonomy in late 2024. The objective of this webinar was to disseminate the findings of this exercise and:
-To promote awareness of the ongoing taxonomy design and engage a broader range of stakeholders in the process going forward;
-To share the initial scoping decisions that have emerged from the consultation and benchmarking process and identify potential barriers to the adoption of the taxonomy.