A sustainable finance taxonomy is a classification system that clearly, objectively, and scientifically defines activities, assets, and/or project categories that contribute to climate, environmental, and/or social objectives through specific criteria. It serves as a central instrument for mobilizing and redirecting capital flows toward the investments required for the transition to a sustainable economy. Globally, more than 50 countries or jurisdictions have already developed, adopted, or are in the process of developing their own taxonomies.

In Brazil, the Brazilian Sustainable Taxonomy (TSB) is under development, with the following strategic objectives:

• Mobilize and redirect public and private financing and investment toward economic activities with positive environmental, climate, and social impacts, promoting sustainable, inclusive, and regenerative development;
• Foster technological advancement focused on environmental, climate, social, and economic sustainability, increasing productivity and competitiveness of the Brazilian economy on sustainable grounds;
• Establish the foundations for producing reliable information on sustainable finance flows by promoting transparency, integrity, and a long-term vision for economic and financial activity.

FGV São Paulo School of Business Administration (FGV EAESP)

FGV Center for Sustainability Studies (FGVces)

Researchers: Fabio / Natalia Lutti

Learn More