Colombia’s Green Taxonomy is a classification system launched in 2022 for economic activities and assets that contribute to achieving the country’s environmental objectives and commitments. In short, the Green Taxonomy is a tool for capital mobilisation that defines what can be considered a green activity in an effort to avoid green washing. The taxonomy seeks to facilitate the identification of projects with environmental objectives, develop green capital markets, and promote the effective mobilisation of private and public resources for investments that enable the country to meet its commitments. The taxonomy is a technical document and not a binding regulation, and facilitates product disclosure. Within the classification system, Colombia demonstrates a commitment to the integration of climate change adaptation and mitigation, biodiversity conservation, water management, sustainable soil and land management, circular economy, and pollution prevention into the decision-making of the financial sectors. Colombia is the first country in Latin America to publish a Green Taxonomy, which builds on experiences of the EU's Green Taxonomy.