This Taxonomy is a classification system that defines eligibility criteria and indicators to identify economic activities that contribute to the transition towards a sustainable, resilient and inclusive economy of the country. It is aligned with the 2021 Green Bond Principles, 2021 Social Bond Principles, and the Sustainable Bond Guide, published by the International Capital Market Association (ICMA).
This Taxonomy covers: nine sectors: Agriculture, livestock and forestry; water supply and treatment; manufacturing, waste management and emission capture; supply of electricity, gas, steam and air conditioning; construction; transport; information and communications technology; and financial and insurance activities.
This Taxonomy is the result of a joint effort led by the Panama Sustainable Finance Task Force (GTFS), the Superintendency of Banks of Panama (SBP), the Superintendency of the Securities Market of Panama (SMV), and the Superintendency of Insurance and Reinsurance of Panama (SSRP), in close collaboration with the Ministry of Environment (MiAmbiente) and the Ministry of Economy and Finance (MEF), and with the technical support of the United Nations Environment Programme Finance Initiative (UNEP FI), and the financial support of the Green Climate Fund (GCF) and the European Union, through its EUROCLIMA program.
