International Platform on Sustainable Finance: 2026 Annual Report (European Commission DG FISMA)

Summary

• In its seventh year, the IPSF launched a taxonomy stock-taking exercise and held a technical workshop on sustainable financing of upstream mining and extraction.p.4
• The IPSF Taxonomies Working Group is co-chaired by the European Union and China.p.7
• Since the launch of its Green Bond Program in 2022, Canada has issued six green bonds totalling CAD 17.5 billion.p.13
• Hong Kong had 179 ESG funds authorised by the SFC with total assets under management of over US$153.7 billion as of 30 June 2026.p.18
• Japan aims to mobilise more than ¥150 trillion in public and private GX investment over 10 years from FY2023.p.22
• China expanded its Carbon Emission Reduction Support Tool to 40 sectors with notable carbon-reduction benefits.p.14
• Benin's IMF Resilience and Sustainability Facility disbursements reached approximately USD 204 million.p.11

Key insights

1. Hong Kong's physical risk assessment platform has analysed more than 1.9 million assets to date.p.18
2. Hong Kong recorded seven insurance-linked securities issuances in the form of catastrophe bonds, totalling approximately US$800 million, as of May 2026.p.18
3. Around US$33 billion of green bonds had been issued by the HKSAR Government as of August 2026.p.18
4. Canada announced CAD 10 million over five years to support the ISSB office in Montreal.p.13
5. Malaysia had 91 public listed companies reporting under its sustainability reporting framework in the first cohort.p.24
6. India's ESG Schemes may accept grants of up to 49% of the corpus.p.19
7. The European Banking Authority's Guidelines on the management of ESG risks became applicable in January 2026.p.16
8. Australia's mandatory climate-related financial disclosure regime commenced on 1 January 2025 and is being implemented in phases.p.10