The Superintendence of the Securities Market of the Dominican Republic, together with the Ministry of Environment and Natural Resources and the International Finance Corporation, has signed a cooperation agreement for the project Implementation of the Green Taxonomy in the Dominican Republic. The project represents the second phase of the taxonomy tool published in June 2024 and is intended to move the framework further into practical use to support green investment in strategic sectors, including tourism and energy. The work will focus on developing regulations that create an enabling environment for compliance with the green taxonomy across the financial sector and the real economy. It also includes targeted capacity-building and knowledge-generation efforts to improve market participants’ understanding and use of the taxonomy. Implementation will follow the environmental priorities set by Dominican authorities in national climate and development plans, as well as the country’s nationally determined contributions under the Paris Agreement.