Roadmap
These events are identified as points where global climate priorities will be established and, therefore, represent key milestones where progress on Compass reforms must be achieved. They include meetings of the G20, United Nations, World Bank-IMF boards, and more.
September
New York Climate Week 2025
Milestones
Global Levies on High-Emitting Activities
- [At UNGA] Agreement on final design of new tax options agreement on final outreach plans.
Loss & Damage
First disbursements made prioritizing small island states and climate-vulnerable economies.
October
12th OECD Forum on Green Finance and Investment 2025
Milestones
Green Supply Chains
- Convene industry leaders and policymakers to refine the Green Materials Certification framework for transparent, carbon-neutral supply chains.
- Announce significant commitments from major corporations (e.g., Apple, Microsoft, and Amazon) to achieve net-zero supply chains by 2030, with an emphasis on carbon emissions in production and transportation.
WBG/IMF Annual Meetings 2025
Milestones
Guarantees
- Triple Multilateral Investment Guarantee Agency risk-taking by 2025 with complete payment guarantees.
Taxonomies, Standardization, and Disclosure
- Establishment of a permanent MDB committee to standardize and harmonize products, systems, and KPIs across the banks, with targets for 2025 and 2027.
G20 Finance Ministers and Central Bank Governors Meeting Oct 2025
Milestones
Originate-to-Distribute Models
Discuss the role of OtD and securitization models in facilitating capital flows to developing economies, with a focus on building consensus around standardizing securitization mechanisms to enhance their accessibility and scalability
Mitigating Currency Risk
G20 work on a coordinated approach to expanding FX risk mitigation tools, including MDB-backed hedging mechanisms.
November
UNFCCC COP30
Milestones
Global Levies on High-Emitting Activities
- Issuance of joint declarations of intent to implement new levies domestically or through a relevant international forum.
New NDCs
Countries expected to submit updated NDCs before COP30 indicating stronger climate commitments in line with GST.
G20 Summit 2025
Milestones
Sovereign Debt Architecture
- IFIs and the G20 to establish a clear agenda and mechanisms for debt restructuring, ensuring access to adequate concessional financing to address liquidity challenges.