The ASEAN Taxonomy for Sustainable Finance Version 4 marks a key milestone in advancing sustainable finance across Southeast Asia. Serving as a shared framework, the taxonomy provides clarity on what qualifies as green and transition activities, helping investors, financial institutions, and governments align capital flows with climate and sustainability objectives.

Developed through collaboration among the ASEAN Taxonomy Board, the Sustainable Finance Institute Asia (SFIA), and the Asian Development Bank (ADB), the taxonomy was shaped through regional cooperation and partnership. Funding contributions from the Green Climate Fund (GCF), the Government of the United Kingdom, and the Republic of Korea’s E-Asia and Knowledge Partnership Fund (EAKPF), through their support for the ASEAN Catalytic Green Finance Facility (ACGF), helped bring this work from concept to delivery.