The panel, organised in collaboration with the Taskforce on Net Zero Policy, the UN-supported PRI and UNEP FI, was attended by regulators, ministry officials, market representatives and experts from Türkiye, Spain, the European Commission, Brazil, Canada and Mongolia.

The event commenced with an opening address by Yasemin Girici, Board Member of the Capital Markets Board of Turkey (CMB). Following this, Mürsel Akbulut, Head of the Climate Finance and Incentives Department at the Presidency of Climate Change, provided insights into the use of taxonomies within the context of securing financing to meet climate goals under the Paris Agreement and the Turkish Green Taxonomy Regulation.

The event also featured presentations from Helena Viñes, Commissioner at the Spanish National Securities Market Commission (CNMV) and Chair of both the EU Platform on Sustainable Finance and the Net-Zero Policy Task Force; Loren Lesko, Head of Sustainable Finance at the European Commission; and Matias Rebello Cardomingo, Undersecretary for Sustainable Economic Development at the Brazilian Ministry of Finance who shared insights into taxonomy developments and practices in the European Union and Brazil.

A panel session moderated by Ms. Tuany Alves Nascimento, Coordinator of Social and Environmental Impact Analysis at the Ministry of Finance of Brazil, brought together Assoc. Prof. Dr. Makbule Aslı Küçükgüngör, Head of the International Relations and Sustainability Department of the CMB; Mr. Eugène Wong, Chief Executive Officer of the Asia Sustainable Finance Institute; Ms. Marlene Puffer, Chair of the Canadian Council for Sustainable Finance; and Mr. Dulguun Battulga, Director General of the Capital Markets Department of the Financial Regulatory Commission of Mongolia. The panel discussed taxonomy frameworks adopted in different jurisdictions and the contributions of different taxonomy approaches to the development of green and sustainable finance. The event concluded with closing remarks by Mr. Carlos San Basilio, Chairman of the CNMV.

Bringing high-level speakers from various national and international institutions together ahead of COP31, the event provided a valuable opportunity for representatives of Turkish public institutions, the financial sector and the real economy to gain insights into different taxonomy practices, as well as current discussions and developments in this field, particularly following the entry into force of Türkiye’s Green Taxonomy Regulation.