All posts tagged "climate risk"
-
118FeatureFSB Publishes Work Programme for Year Ahead
The work programme includes initiatives to strengthen NBFI resilience, enhance cross border payments, and address climate change, among other priorities.
January 21, 2021 -
280International
FSB Urges Standard Setters to Use TCFD Recommendations
Using the TCFD recommendations as the basis for developing requirements or guidance for climate-related disclosures will help avoid the risk of market fragmentation, the FSB says.
December 23, 2020 -
433Market InfrastructureSingapore to Lay Foundation for Regional Carbon Credits Market
Ravi Menon said there is a need for more high-quality carbon credits and more trading of such credits across borders to drive convergence towards a global price on carbon.
December 9, 2020 -
307FeatureHKMA Invites Banks to Participate in Climate Stress Testing Pilot
Participating banks will need to assess physical risk and transition risk separately under different scenarios, and evaluate the financial impact in both the short term and long term.
December 8, 2020 -
524JapanMalaysia, Japan Authorities Appointed to NGFS Steering Committee
The inclusion of Japan's FSA, BNM and Bank of Canada on the steering committee will widen the NGFS' global reach and strengthening its geographical representation.
November 24, 2020 -
661Asia-PacificASEAN Central Banks Endorse Collective Approach to Climate Risk
A new report offers a set of non-binding recommendations to promote a unified ASEAN approach towards managing climate and environment-related risks.
November 19, 2020 -
1.1KAsia-Pacific‘Global Asia Insurance Partnership’ to Launch in January
GAIP will incubate new risk financing solutions for emerging risks in Asia and serve as a policy think tank, initially focusing on pandemic risk and climate risk.
November 5, 2020 -
1.0KInternationalSupport for TCFD Climate Disclosure Recommendations Rising
Asset manager and asset owner reporting to clients and beneficiaries may not be sufficient, says a new report from the TCFD.
October 30, 2020 -
749Capital RegulationBCBS Task Force Outlines Progress on Climate Risk Initiatives
Kevin Stiroh, Co-chair of the Task Force on Climate-related Financial Risks, highlighted the importance of globally concerted efforts and information sharing.
October 21, 2020 -
1.3KFeature
HKMA Pushes Forward Green & Sustainable Banking Initiatives
A pilot climate stress testing exercise involving Hong Kong banks will commence early next year. A local green taxonomy is under development.
October 2, 2020
