IASB proposes IFRS Accounting Taxonomy update for Contracts for Renewable Electricity

IASB proposes IFRS Accounting Taxonomy update for Contracts for Renewable Electricity

In May 2024, the International Accounting Standards Board (IASB) published an Exposure Draft Contracts for Renewable Electricity, which proposes amendments to IFRS 9 Financial Instruments and IFRS 7 Financial Instruments: Disclosures to address stakeholder concerns about how IFRS Accounting Standards apply to certain contracts for renewable electricity.  
The IASB has now published a proposed update to the IFRS Accounting Taxonomy 2024 to reflect the proposed disclosure requirements for renewable electricity contracts. The proposed update is open for comments until 14 October 2024 and may be accessed here.