36 Formal approval by Finance Ministers and Central Bank Governors could come later – once all points regarding the full set of new DGI recommendations have been clarified. 37 See IFRS Foundation. 38 See European Commission (2021). 39 See The Economist (2022). 35  Page 12 of 18  Deutsche Bundesbank, Directorate General Communications Wilhelm-Epstein-Strasse 14, 60431 Frankfurt am Main, Germany, tel.
: +49 (0)69 9566 33511, fax: +49 (0)69 709097 9000 presse@bundesbank.de, www.bundesbank.de Reproduction permitted only if source is stated. characterising certain activities as “aligned” based on a summary assessment of the predominant technology. In the longer term, it is not useful to classify entire industries as being “nonsustainable”. The ideal basis would be a carbon accounting system.