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6. Policies, Regulations and Standards in Sustainable Finance

  • 2025
  • OriginalPaper
  • Chapter
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Abstract

This chapter delves into the seven central pillars of sustainable finance policy and regulation, as advocated by the United Nations Conference on Trade and Development (UNCTAD). It explores national strategies, frameworks, taxonomies, product standards, sustainability disclosure requirements, sector-specific regulations, and carbon pricing. The text provides an in-depth look at how 35 economies are monitored and guided by UNCTAD to develop national sustainable finance taxonomies and standards. It also discusses the significant role of the Task Force on Climate-related Financial Disclosures (TCFD) and the International Sustainability Standards Board (ISSB) in enhancing climate-related disclosures and promoting transparency. Additionally, the chapter examines the different approaches taken by the EU, China, and the United States in sustainable finance regulation and the financial implications of climate change. It concludes by highlighting the importance of international collaboration and the need for a comprehensive regulatory framework to drive climate action and economic resilience.

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Title
Policies, Regulations and Standards in Sustainable Finance
Author
B Rajesh Kumar
Copyright Year
2025
DOI
https://doi.org/10.1007/978-3-032-03333-8_6
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