{
  "title": "Strengthening the Climate Information Architecture",
  "publication": "Staff Climate Notes, September 8, 2021",
  "sourceUrl": "https://www.imf.org/en/publications/staff-climate-notes/issues/2021/09/01/strengthening-the-climate-information-architecture-462887",
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  "summary": "Strengthening the climate information architecture is paramount to promote transparency and global comparability of data and thus improve market confidence, safeguard financial stability, and foster sustainable finance.",
  "sections": [
    {
      "heading": "Summary",
      "content": "- Strengthening the climate information architecture is paramount to promote transparency and global comparability of data and thus improve market confidence, safeguard financial stability, and foster sustainable finance.\n- The note provides a conceptual framework around the provision of climate-related information, discusses the progress made to date, and points toward the way forward.\n- A decisive, globally coordinated effort is needed to move forward on all three fronts."
    },
    {
      "heading": "Three building blocks of a climate information architecture",
      "content": "- (1) high-quality, reliable, and comparable data;\n- (2) a globally harmonized and consistent set of climate disclosure standards;\n- (3) a globally agreed upon set of principles for climate finance taxonomies.\n- Progress and convergence are required on all three building blocks."
    },
    {
      "heading": "Progress made to date",
      "content": "- The note discusses the progress made to date in the development of climate-related information provision and convergence efforts across data, disclosure standards, and taxonomies."
    },
    {
      "heading": "Way forward and policy implications",
      "content": "- A decisive, globally coordinated effort is needed to advance:\n  - high-quality, reliable, and comparable data;\n  - a globally harmonized and consistent set of climate disclosure standards;\n  - a globally agreed upon set of principles for climate finance taxonomies.\n- The objective of advancing the climate information architecture is to improve market confidence, safeguard financial stability, and foster sustainable finance.\n\n---\n\n Content in this bundle\n\n- Strengthening the Climate Information Architecture; September 8, 2021\n  - Strengthening the Climate Information Architecture; September 8, 2021 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Strengthening the Climate Information Architecture; September 8, 2021 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/staff-climate-notes/issues/2021/09/01/strengthening-the-climate-information-architecture-462887"
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    "Authors: Caio Ferreira, David L Rozumek, Ranjit Singh, Felix Suntheim",
    "Published: September 8, 2021",
    "Series: Staff Climate Notes",
    "DOI: https://doi.org/10.5089/9781513590790.066",
    "Strengthening the climate information architecture is paramount to promote transparency and global comparability of data and thus improve market confidence, safeguard financial stability, and foster sustainable finance.",
    "The note provides a conceptual framework around the provision of climate-related information, discusses the progress made to date, and points toward the way forward.",
    "A decisive, globally coordinated effort is needed to move forward on all three fronts.",
    "(1) high-quality, reliable, and comparable data;",
    "(2) a globally harmonized and consistent set of climate disclosure standards;",
    "(3) a globally agreed upon set of principles for climate finance taxonomies.",
    "Progress and convergence are required on all three building blocks.",
    "The note discusses the progress made to date in the development of climate-related information provision and convergence efforts across data, disclosure standards, and taxonomies.",
    "A decisive, globally coordinated effort is needed to advance:",
    "The objective of advancing the climate information architecture is to improve market confidence, safeguard financial stability, and foster sustainable finance.",
    "**Strengthening the Climate Information Architecture; September 8, 2021**"
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