Zambia Green Finance Taxonomy
A national framework guiding sustainable investment for a greener and more resilient Zambia, reinforcing our shared commitment to responsible growth, climate action, and environmental stewardship as we advance our nation’s long-term development vision.
What is a Green Finance Taxonomy?
A green finance taxonomy is a classification system that defines which economic activities are environmentally sustainable, providing a common language for investors, regulators, and policymakers. It helps direct financial resources toward activities that support climate action, resilience, and environmental protection.
What are the benefits of a Green Finance Taxonomy?
A green finance taxonomy makes it easier to identify truly green activities, helping avoid greenwashing and guiding both public and private investment. It ensures that financial flows support climate resilience, environmental protection, and sustainable growth.
How Zambia's Green Finance Taxonomy is Used
Use the taxonomy to guide policy development, align national priorities, and build taxonomically aligned project pipelines.
Use the taxonomy to identify eligible green activities, strengthen disclosures, and improve engagement with investees.
Use the taxonomy to screen green financial products, guide reporting standards, and monitor compliance and systemic environmental risks.
Use the taxonomy to identify credible, environmentally sustainable investment opportunities with clear green integrity.
Use the taxonomy to understand which economic activities qualify as green and to design, market, and report on green financial instruments.
Use the taxonomy to guide support towards aligned development assistance, strengthen project evaluation, and promote consistent green finance standards.
Documents
Coming Soon - Annexure 3 Tagging & Reporting Manual/ Framework
Partners
The development of the Zambia Green Finance Taxonomy (ZGFT) was undertaken under the auspices of the Green Finance Mainstreaming Working Group (GFMWG). with technical and financial support from the United Nations Development Programme through the Biodiversity Finance Initiative (BIOFIN).
