The Responsible Investment Association Australasia (RIAA) warmly welcomes the development of the Australian Taxonomy and is pleased to see the project reach this important milestone, and the strong support from the Australian Government for this important project. RIAA is pleased to see the implementation of this key recommendation of the Australian Sustainable Finance Roadmap (2020). Implementation of the Roadmap recommendations overall should continue to be a strong focus for the sector and the Government.
In line with the taxonomy’s core principle of usability, RIAA supports the taxonomy being as simple as possible to ensure that it drives finance to where it is most needed, avoids unintended consequences, and encourages the activities that will have the most impact in support of climate change mitigation.
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The Responsible Investment Association Australasia (RIAA) warmly welcomes the development of the Australian Taxonomy and is pleased to see the project reach this important milestone, and the strong support from the Australian Government for this important project. RIAA is pleased to see the implementation of this key recommendation of the Australian Sustainable Finance Roadmap (2020). Implementation of the Roadmap recommendations overall should continue to be a strong focus for the sector and the Government.
In line with the taxonomy’s core principle of usability, RIAA supports the taxonomy being as simple as possible to ensure that it drives finance to where it is most needed, avoids unintended consequences, and encourages the activities that will have the most impact in support of climate change mitigation.
