LocationsA 2-day workshop was organised to enhance participants’ understanding and capacity on the national green taxonomy, climate change reporting guidelines, and associated governance frameworks.
UNDP supports Sustainable Finance and Climate Transparency in Mauritius
October 16, 2025
The two-day workshop was structured to provide both foundational knowledge and interactive sessions on the key components of this project.
UNDP Mauritius / Sharon Sunassee
In a major step towards promoting sustainable finance and enhancing climate transparency, UNDP Mauritius, in collaboration with the British High Commission, is supporting the formulation of a National Green Taxonomy and the development of Guidelines for Climate Change Reporting. In this context, a workshop was organised on 14 and 15 October 2025, aiming to enhance participants’ understanding and capacity on the national green taxonomy, climate change reporting guidelines, and associated governance frameworks. Each session brought together around 50 stakeholders from both private and public institutions.
Understanding Green Taxonomies, Climate Reporting and Their Role in Climate Action
Taxonomies are frameworks that define and classify environmentally sustainable investments and activities, based on common standards. They help investors, financial institutions and companies align their financial and investment decisions with environmental goals. The UNDP supports the development and implementation of green taxonomies by providing technical assistance to countries, helping them create national frameworks, operationalize them for financial institutions, and align investments with climate goals and the SDGs. This aims to reduce greenwashing, increase transparency, and mobilize capital for climate action.
Climate Change Reporting is essential for monitoring progress, guiding national policy, and fulfilling international obligations. It enables the collection of data required under the UNFCCC and other climate-related agreements, including information on the implementation of mitigation and adaptation measures. They also aim to raise awareness among the public, including small and medium-sized enterprises (SMEs), on the importance of climate action. Mauritius has made significant progress in promoting transparency and accountability in environmental impact across sectors such as banking, tourism, energy and agriculture. While progress has been made, opportunities remain to enhance consistency in reporting, expand country-specific insights, and establish clear emission reduction targets.
Developing National Tools for Climate Accountability in Mauritius
To support Mauritius in advancing its climate and sustainability agenda, a consortium led by Grant Thornton Bharat—in collaboration with Grant Thornton Mauritius, and Dr. Abdel Khoodaruth from the University of Mauritius—has been appointed to lead the development of key national frameworks. This includes the formulation of a National Green Taxonomy and a governance framework to support its implementation. Detailed guidelines for climate change reporting have also been established, with a robust system for monitoring, evaluation, and reporting.
The two-day workshop was structured to provide both foundational knowledge and interactive sessions on the key components of this project. On the first day, participants were introduced to the project’s objectives, approach, and methodology. The consulting team presented a comparative analysis of international green taxonomies, followed by an overview of the draft National Green Taxonomy developed for Mauritius and its proposed governance framework. This was followed by group discussions, where stakeholders provided feedback and exchanged perspectives on the relevance and applicability of the proposed taxonomy in the local context. The second day focused on climate change reporting, with sessions covering the impacts of climate change in Mauritius, national response strategies, relevant indicators, and the draft monitoring, evaluation, and reporting framework. Participants then engaged in working sessions, allowing for deeper exploration of practical considerations and implementation strategies.
Efforts will now focus on finalizing the relevant reports for submission and endorsement. UNDP, in collaboration with its partners, is also exploring how to put the proposed recommendations into action, which will encompass comprehensive capacity-building initiatives, among other key components.
