Oil and gas majors may be on the back foot this week, but they’re far from alone in needing to do more.
Swift progress needed on disclosures, global taxonomy, and transparent and quality-assured metrics, NGFS says.
Chinese central bank to allocate more green bonds to foreign exchange reserves; new catalogue of projects eligible for green bond issuance issued.
July paper will build on TCFD recommendations “to promote high-quality climate disclosures”.
Climate risks may be under-estimated due to lack of internal scenario analysis by financial institutions, warn central banks.
Technical documents outlines options for central banks to adjust their operational frameworks for monetary policy to account for climate-related risks.
New report of scenario analysis tools and methodologies assists to improve climate risk modelling.
A new NGFS workstream being created will identify missing data items needed for effective climate-related and environmental risk analysis.
The task force will establish a monitoring system for climate-related financial risks, lead efforts to boost investment in green industries, and promote...
The NGFS membership will strengthen BSP’s collaboration with central banks and supervisors on the effective management of climate risks in the financial...
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