The RBI is also working on a disclosure framework for climate-related financial risks and guidance on climate scenario analysis.
July 27, 2023Climate change is real, but not a serious risk to financial stability, Fed Governor Waller said in a speech in Madrid.
May 12, 2023Report says key transition risks facing the financial sector include the broadening application and ongoing increase in carbon prices.
April 27, 2023The action plan includes a code of conduct for ESG ratings and data providers, grant schemes for transition bonds and loans, and ISSB-aligned disclosures.
April 21, 2023The guidance focuses on corporate governance; internal control framework; risk management process; data aggregation and reporting; and scenario analysis.
December 27, 2022One governor said he disagrees with the premise that climate change poses a serious risk to large banks and US financial stability because stress tests show the banks are resilient.
December 6, 2022The CFTC may use the information collected to inform actions such as the issuance of new or amended guidance, interpretations, policy statements, or regulations.
June 7, 2022Without early action, the UK's largest banks and insurers would suffer climate-related losses worth $418bn by 2050.
May 25, 2022The RBA's Jonathan Kearns said banks need to continue to address evolving risks, as they can morph into systemic risks with potentially dire consequences.
December 23, 2021NGFS-INSPIRE Study Group outlines data, analytics challenges for central banks and financial supervisors.
October 12, 2021