Hong Kong’s Green Taxonomy Framework Sets the Stage for Sustainable Finance Leadership
The Hong Kong Monetary Authority (HKMA) is considering mandatory green bank regulations. The HKMA’s green taxonomy framework, introduced last month, helps banks and investors assess the sustainability of economic activities across energy, transport, construction, and water and waste management sectors. This framework aims to prevent greenwashing and may shift from voluntary to mandatory compliance. The […]
Read moreFrom Data Chaos To Clarity: How To Modernize Clinical Trial Site Selection
In recent years, the complexity of clinical trials has surged dramatically, introducing new challenges for clinical operations (ClinOps) teams. Trials now involve more regions — with Phase 3 trials seeing a 39% increase in countries since 2015 — more investigator sites and protocol amendments. Additionally, the push for greater patient diversity necessitates that ClinOps teams […]
Read moreFHA Updates Default Taxonomy Regarding Third Party Originator Fraud
The United States Federal Housing Administration (FHA) recently finalized in Mortgage Letter 2024-14, a revision to its Defect Taxonomy to clarify that fraud or material misrepresentation involving a sponsored Third-Party Originator (TPO) is a Tier 1 severity defect in connection with loans insured under the Title II program. FHA’s Defect Taxonomy is outlined in Appendix […]
Read moreThe Power of Taxonomy: Organizing Knowledge Across Diverse Fields
Taxonomy provides a systematic framework for organizing knowledge, making it a versatile tool used in numerous fields. The organization of information can be traced back to ancient libraries, such as the Library of Alexandria. In the late 19th and early 20th centuries, modern classification systems emerged. Melvil Dewey developed the Dewey Decimal System, and the […]
Read moreClimate Investment Taxonomy Would Prevent Greenwashing, Confusion: Experts
A climate investment taxonomy would provide a standardized approach for evaluating which investments can be certified as “green,” or environmentally friendly, and/or consistent with national goals of achieving net-zero emissions. Many jurisdictions such as the European Union, China, Colombia and South Africa have issued their own taxonomies, but Canada’s efforts have lagged. “We really want […]
Read moreFive Keys To Develop A Green Taxonomy Framework: The Case Of The Dominican Republic
The fight against climate change requires significant investments and partnerships between the public and private sectors to create greener economies. The recent approval of the Green Taxonomy of the Dominican Republic marks a turning point in the country’s efforts to accelerate climate financing and promote climate action. Aligned with the United Nations Sustainable Development Goals […]
Read moreIndependent Science Based Taxonomy: A New Tool for Sustainable Finance
The Independent Science Based Taxonomy (ISBT) released a free tool that categorizes economic activities while ensuring they are entirely backed by climate and environmental science. Taxonomies of sustainable economic activities provide a science-based language for classifying businesses and investments. With a clear categorization system, financial institutions can make informed decisions about where to allocate their […]
Read moreUnified Under a Universal Language: The Pistoia Alliance’s IDMP Ontology
Identification of Medicinal Products (IDMP) implementation greatly varies across organizations and regulatory jurisdictions, which impacts drug safety and pharmacovigilance. To ensure that organizations around the world can use universal semantic interoperability based on FAIR data principles, the Pistoia Alliance has built an IDMP Ontology (IDMP-O Release 1), augmenting existing ISO IDMP standards set by the […]
Read moreFrom Grep to SPLADE: A Journey Through Semantic Search
Machine learning has given us semantic search, vastly improving the capability of search. However, the black-box nature of these tools can make them unsuited for some domains, like academic literature review. How can those domains take advantage of better search, while still having reproducible results? Full-text search has been the gold standard for decades, with […]
Read moreThe Global Biodiversity Framework – How has Financial Policy and Regulation Evolved to Support Ambition on Nature Action?
The landscape of nature-related disclosure and reporting frameworks has evolved significantly. The International Sustainability Standards Board (ISSB) released its first batch of sustainability disclosure standards in June 2023, whilst the Taskforce on Nature-related Financial Disclosures (TNFD) also published its disclosure recommendations and guidance in September 2023. Significant jurisdictions, including Australia, Brazil, Canada, and the United […]
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