## Strengthening the Climate Information Architecture

_Staff Climate Notes, September 8, 2021_

## Source details

**Canonical URL:** [Strengthening the Climate Information Architecture](https://www.imf.org/en/publications/staff-climate-notes/issues/2021/09/01/strengthening-the-climate-information-architecture-462887)

## Other formats

- [Markdown version](/en/publications/staff-climate-notes/issues/2021/09/01/strengthening-the-climate-information-architecture-462887/index.md)
- [Structured JSON version](/en/publications/staff-climate-notes/issues/2021/09/01/strengthening-the-climate-information-architecture-462887/index.json)
- [Bundle manifest](/en/publications/staff-climate-notes/issues/2021/09/01/strengthening-the-climate-information-architecture-462887/bundle-manifest.json)

## Bibliographic details
- 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

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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.
- 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.

### Three building blocks of a climate information architecture
- (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.

### Progress made to date
- 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.

### Way forward and policy implications
- A decisive, globally coordinated effort is needed to advance:
  - high-quality, reliable, and comparable data;
  - a globally harmonized and consistent set of climate disclosure standards;
  - a globally agreed upon set of principles for climate finance taxonomies.
- The objective of advancing the climate information architecture is to improve market confidence, safeguard financial stability, and foster sustainable finance.

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## Content in this bundle

- **Strengthening the Climate Information Architecture; September 8, 2021**
  - [Strengthening the Climate Information Architecture; September 8, 2021 (Markdown version)](/-/media/files/publications/staff-climate-notes/2021/english/clnea2021003.pdf.md){rel="alternate" type="text/markdown"}
  - [Strengthening the Climate Information Architecture; September 8, 2021 (PDF)](/-/media/files/publications/staff-climate-notes/2021/english/clnea2021003.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/staff-climate-notes/issues/2021/09/01/strengthening-the-climate-information-architecture-462887_