References to financial flows were identified based on English-language dictionary definitions in combination with related terms and phrases commonly identified in the literature. For more information about our approach, please see our methodology.
The taxonomy of financial flows is defined using relevant terms from the Oxford English Dictionary and Merriam-Webster Dictionary to describe the movement of finance, and extracted relevant keywords from content by the Grantham Research Institute on Climate Change and the Environment and the Climate Finance Glossary compiled by ICLEI, URBAN LEDS, UN Habitat and the Transformative Actions Program.
These sources were chosen because they are likely to represent the widest and most common linguistic expressions of the movement of finance between relevant actors, for e.g. from governments or private institutions. The taxonomy is focused on capturing the movement of finance between relevant actors, as financial actors and types of finance will be captured in other taxonomies.
The taxonomy was designed with 3 hierarchies as required for this tool, and additions were made to capture acronyms, synonyms, and other grammatical expressions of the concepts within the taxonomy.
Learn more about our taxonomy methodology.
- Created the term budget for the category Financial flow
- Created the term repay for the category Financial flow
- Upgraded the machine learning model that predicts instances of money ("$1 million") to a larger, more accurate version
- Created the term investments for the category Financial flow
We measured the performance of this concept by manually labelling a test set and comparing the labels to annotations made by this method. We will continue to update this section as we improve our approach for detecting this concept.
Over time we will use these statistics to evaluate which concepts are better to detect using machine learning models vs linguistic rules.
| Precision | Recall | F1 | Support |
|---|---|---|---|
| 0.28 | 0.46 | 0.35 | 43 |