Join hosts Dave, John and Lysandra as they welcome Nicole Yazbek-Martin, head of taxonomy and natural capital at the Australian Sustainable Finance Institute. In this episode, Nicole demystifies the concept of sustainable finance taxonomy and its pivotal role in transitioning Australia to a low-carbon economy. Learn about the significance of taxonomies, Australia's unique approach compared to other frameworks, and the critical role of the financial services sector, including banks and insurers, in driving sustainable finance practices. Nicole also shares insights on integrating nature-related risks, the challenges of developing sustainable economic activity definitions, and the importance of making these frameworks user-friendly. Whether you're well-versed in finance or just getting started, this episode offers valuable takeaways on sustainable finance and its transformative potential.

00:00 Introduction and Welcome

01:54 Understanding Sustainable Finance Taxonomy

04:39 Australia's Approach to Sustainable Finance

08:24 Global Collaboration and Transition

09:23 Government and Market Stability

11:25 Nature-Related Financial Disclosures

14:51 Challenges and Local Adaptation

25:21 Role of Financial Institutions

33:15 Conclusion and Key Takeaways