We designed a simple, comprehensive Climate Taxonomy to classify economicactivities that significantly contribute to climate change mitigation andadaptation, with the aim of guiding and mobilising financial flows towards thecountry’s climate objectives.
Developed through a structured, participatory process with financial institutions,the taxonomy combines economic, social, and environmental criteria to prioritisesectors and activities.
For mitigation, a multi-criteria analysis identified key sectors based on GDPcontribution, employment, GHG reduction potential, and exposure to transitionrisks, followed by activity-level eligibility and alignment criteria.
For adaptation, another approach distinguishes activities that adapt themselvesto climate risks from those that enhance the resilience of others, supported bynational climate risk mapping.
The taxonomy is rooted in Tunisia’s policy priorities, aligned with its NDC andlow-carbon strategy, and based on the national activity classification forstatistical compatibility. It also reflects the economic reality by includingtransitional activities that can evolve towards sustainability.
