UfM Workshop on Sustainable Investment: A Deep Dive into Green Taxonomies and ESG Disclosure Regulations

The UfM Workshop on Sustainable Investment took place in Madrid from May 12 to 14, 2024. Organized by the Union for the Mediterranean (UfM) Secretariat with the support of the German Development Cooperation and in collaboration with Climate & Company, the event gathered participants from various UfM member countries, including representatives from different ministries, business associations, business owners, consultants, and other stakeholders from both the public and private sectors.

This workshop aimed to provide expert insights on sustainable finance taxonomies and ESG (Environmental, Social, and Governance) disclosure regulations. Knowledgeable experts shared their experiences and the challenges faced in developing and implementing these frameworks across different jurisdictions.

On the first day, the workshop provided an overview of the current trends in ESG disclosure developments and the relevance of sustainable finance taxonomies for the region. The discussions highlighted their development state and applications. The second day focused on the practical implementation of effective ESG disclosure regulations, emphasizing the role of data and technological solutions in non-financial disclosure reporting.

The workshop succeeded in creating a dynamic platform for discussions on sustainable finance, bringing together a multi-stakeholder group to discuss, exchange ideas, learn, network and craft joint recommendations.

June 2024