Early market insights from ASFI’s Taxonomy Implementation Program reveal strong demand to expand the Australian Sustainable Finance Taxonomy to include climate adaptation and resilience — a low-cost, high-impact way to unlock private capital for Australia’s transition.

ASFI has lodged its submission to the Department of Industry, Science and Resources on the design of the National Reconstruction Fund’s Net Zero Fund.

The Australian Sustainable Finance Taxonomy is the first in the world to cover the mining sector, and now ASFI is once again breaking new ground, after being engaged to explore science-based methods for developing draft taxonomy nature criteria for agriculture, forestry and land management – sectors critical to biodiversity, water, pollution management and national resilience.

The Australian sustainable finance taxonomy provides a common language for green and transition finance in Australia, supporting the allocation of capital towards activities that enable Australia’s net zero ambitions.

The Australian Sustainable Finance Institute (ASFI) is pleased to launch the second and final round of public consultation on the development of an Australian sustainable finance taxonomy.

ASFI is pleased to launch the first round of public consultation on the development of an Australian sustainable finance taxonomy.

This month, ASFI was on the ground in Indonesia exchanging valuable knowledge on sustainable finance taxonomies with Indonesian Government representatives.

ASFI has today published two methodology papers as we take a further step towards the development of Australia’s sustainable finance taxonomy.

This report identifies key considerations to inform the methodology for integrating transition activities in an Australian taxonomy. The report’s findings were informed by and adapted from the most advanced transition methodologies currently under development internationally, as well as international best practice on transition financing and disclosures.

This report provides recommendations on the core design elements for an Australian taxonomy. Through a public consultation process that helped inform the report, ASFI found there is broad consensus on the core design elements of an Australian taxonomy, including in relation to credibility; usability; interoperability; and prioritisation and impact. Consultation also revealed strong support for the inclusion of a transition category in an Australian taxonomy.

This paper provides recommendations on the design of an Australian sustainable finance taxonomy, and the roadmap and timeline for its immediate development. The paper is informed by stakeholder consultation, the Australian economic and environmental context and insights gained through the development of the taxonomy project’s Scoping paper of international taxonomies.

This report compares taxonomy frameworks used in 13 jurisdictions internationally with similar economic compositions and needs to Australia, and identifies lessons to inform the development of an Australian taxonomy.