Green Taxonomy and its Implications for UAE

With the growth of green finance, policies and regulations are important tools to encourage and support capital flow. Previously backed mainly by public funds, the rise of Environment, Sustainability, and Governance (ESG) in private sector calls for clarity and guidance to make informed decisions. G...

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Main Author: Yun, Chi Young (author)
Published: 2022
Online Access:https://depot.sorbonne.ae/handle/20.500.12458/1545
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author Yun, Chi Young
author_facet Yun, Chi Young
author_role author
dc.creator.none.fl_str_mv Yun, Chi Young
dc.date.none.fl_str_mv 2022
2024-03-19T09:18:13Z
2024-03-19T09:18:13Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv https://depot.sorbonne.ae/handle/20.500.12458/1545
dc.language.none.fl_str_mv en
dc.title.none.fl_str_mv Green Taxonomy and its Implications for UAE
dc.type.none.fl_str_mv Controlled Vocabulary for Resource Type Genres::text::thesis::master thesis
description With the growth of green finance, policies and regulations are important tools to encourage and support capital flow. Previously backed mainly by public funds, the rise of Environment, Sustainability, and Governance (ESG) in private sector calls for clarity and guidance to make informed decisions. Green Taxonomy classifies economic activities allowing stakeholders to know whether their investments are environmentally sustainable. Accordingly, the purpose of this paper is to examine existing green taxonomies and find implications for UAE. As a result, this paper suggests UAE to develop a legally binding taxonomy, create a platform with private sector expertise, and to design a standardized guiding system. This paper makes contributions to better understanding green taxonomy and offers practical recommendations for UAE in its preparation for taxonomy implementation.
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network_acronym_str sorbonner
network_name_str Sorbonne University Abu Dhabi repository
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publishDate 2022
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spelling Green Taxonomy and its Implications for UAEYun, Chi YoungWith the growth of green finance, policies and regulations are important tools to encourage and support capital flow. Previously backed mainly by public funds, the rise of Environment, Sustainability, and Governance (ESG) in private sector calls for clarity and guidance to make informed decisions. Green Taxonomy classifies economic activities allowing stakeholders to know whether their investments are environmentally sustainable. Accordingly, the purpose of this paper is to examine existing green taxonomies and find implications for UAE. As a result, this paper suggests UAE to develop a legally binding taxonomy, create a platform with private sector expertise, and to design a standardized guiding system. This paper makes contributions to better understanding green taxonomy and offers practical recommendations for UAE in its preparation for taxonomy implementation.2024-03-19T09:18:13Z2024-03-19T09:18:13Z2022Controlled Vocabulary for Resource Type Genres::text::thesis::master thesisapplication/pdfhttps://depot.sorbonne.ae/handle/20.500.12458/1545enoai:depot.sorbonne.ae:20.500.12458/15452024-03-19T18:00:43Z
spellingShingle Green Taxonomy and its Implications for UAE
Yun, Chi Young
title Green Taxonomy and its Implications for UAE
title_full Green Taxonomy and its Implications for UAE
title_fullStr Green Taxonomy and its Implications for UAE
title_full_unstemmed Green Taxonomy and its Implications for UAE
title_short Green Taxonomy and its Implications for UAE
title_sort Green Taxonomy and its Implications for UAE
url https://depot.sorbonne.ae/handle/20.500.12458/1545