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Reporting on regulatory responses, risk management practices, and financial impacts of climate-related risks, including physical and transitional risks.

Reporting & Disclosures
Japan to Phase in ISSB-Aligned Disclosure and Assurance from 2027
By Manesh Samtani | 18/07/2025
Regulators will require the largest firms to adopt the standards first, introducing a "safe harbour" provision to account for uncertain and forward-looking data.

Emerging Prudential Risks
New FSB Chair Targets Non-Bank Finance, Stablecoins in First Priorities
By Manesh Samtani | 15/07/2025
Andrew Bailey calls for renewed global cooperation to tackle risks from private finance and digital assets amid rising geopolitical fragmentation.

Climate Risk
FSB Halts New Climate Rules Amid US Pressure and Deep Divisions
By Manesh Samtani | 15/07/2025
The FSB has shelved new climate policy work, citing member divisions after a US pushback against a more aggressive agenda.

Sustainable Finance
Indonesia Launches REC Trading Platform to Power Clean Energy Future
By Mark Johnston | 15/07/2025
The renewable energy certificate trading market aims to boost renewable energy, attract global investors, and accelerate climate-aligned energy transition.

Climate Risk
HSBC Quits Net-Zero Banking Alliance, Following US Lenders
By Editors | 14/07/2025
HSBC has become the first major UK bank to depart the UN-convened climate group, citing the maturity of its own transition planning amid investor scrutiny.

Sustainable Finance
China's Green Finance Drive Spurs Loan and Bond Market Growth, IIF Says
By Manesh Samtani | 11/07/2025
New IIF report highlights how central bank incentives and evolving regulation are fuelling a surge in China's green finance markets.

Climate Risk
HKMA Launches Physical Climate Risk Assessment Platform For Banks
By Sanday Chongo Kabange | 11/07/2025
The HKMA has launched an enhanced version of its physical climate risk assessment tool, urging all financial institutions to adopt it.

Sustainable Finance
MAS Sustainability Report Offers Update on Path to Net-Zero
By Nithya Subramanian | 10/07/2025
The report sets out MAS’ latest steps to align financial resilience with long-term climate and environmental goals.

Emerging Prudential Risks
BIS Paper Proposes Model to Price Physical Climate Risk in Bank Capital
By Manesh Samtani | 10/07/2025
New paper offers a way to integrate physical climate events into standard credit models, potentially raising capital requirements significantly.

Climate Risk
Japan Considers Barring International Carbon Credits from Domestic ETS
By Thisanka Siripala | 09/07/2025
Japan plans to limit offsets to domestic schemes and cap their use at 10% of emissions as it finalises the design for its mandatory carbon market
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