Understanding Taxonomies | Evolving "Recipes" for a Changing World

How do sustainable finance taxonomies stay relevant as markets, science and policy evolve?

In this video, Climate Bonds Initiative explores why taxonomies are not static frameworks, but living systems that must adapt over time.

Using the “recipe” analogy, the video explains the importance of review cycles, stakeholder feedback, and updates that reflect new science, market developments and policy priorities — without undermining credibility or market confidence.

Designed for policymakers, regulators and market participants, this episode highlights how well-governed taxonomy evolution helps ensure frameworks remain practical, trusted and aligned with real-world climate objectives.