A first global assessment of sustainable finance taxonomies reveals an alignment on overall framework design despite distinct embeddings in legal systems and resulting market consequences, suggesting a process of gradual convergence rather than full harmonisation.
Bridging the gap
Bridging the gap
Studies
The Bridging the Gap series, developed in collaboration with the ADA Chair in Financial Law (Inclusive Finance), translates academic research into practical insights for professionals in inclusive and impact finance, as well as for regulators.
The topics covered include:
- Financial law and its key concepts, particularly in emerging and developing country contexts
- The measurement of financial inclusion and its impact
- Applied research on the regulation of inclusive and/or sustainable finance, as well as financial technologies
SUSTAINABLE FINANCE TAXONOMIES AROUND THE WORLD: AN EMPIRICAL LEGAL ANALYSIS
- Year: 2026
- Authors: Dirk A. Zetzsche, Madeleine Pflücke-Mahoux
TOWARDS AN EU IMPACT INVESTING FRAMEWORK
- Year: 2026
- Authors: Dirk A. Zetzsche, Marian Unterstell, Ross B. Buckly, Douglas W. Arner
The current EU regulatory landscape may hinder effective impact investing by prioritising disclosure of sustainability risks over measurable, positive impact. The authors of the study propose five fine-tuned amendments to bolster EU financial regulation and amplify its reach beyond the EU.
