TheIPSF"CommonGroundTaxonomy-UpdatedVersion"includes72activitiesthatalignwithsustainablefinanceobjectives.Theseactivitiesspanacrossvariouseconomicsectorsandaredesignedtosupportenvironmentallysustainableinvestmentsbyprovidingastandardizedclassificationsystem.Thetaxonomyhelpsinvestors,companies,andregulatorsidentifyandcomparesustainableeconomicactivitiesthatcontributetoclimatechangemitigationandadaptation,whilepromotingtransparencyandreducingfragmentationinsustainablefinancemarkets.The72activitiescoverareassuchasrenewableenergy,cleantransportation,pollutionprevention,circulareconomy,andotherkeysectorsessentialforthetransitiontoalow-carboneconomy.Thisupdatedversionreflectstechnicalimprovementsandbroadercoveragecomparedtopreviousiterations.