The Financial Stability Board (FSB) today published a proposal to the G20 for the creation of an industry-led disclosure task force on climate-related risks. The proposal is in response to a request by the G20 in April to review how the financial sector can take account of climate-related issues.
This task force could be modelled on the successful example of the FSB’s Enhanced Disclosure Task Force (EDTF)1, in order to develop voluntary, consistent climate-related disclosures of the sort that would be useful to lenders, insurers, investors and other stakeholders in understanding material risks.
The note sets out a proposed way forward for such a task force, including some options for scope and objectives of the work the task force should address.
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.
Sign me up for the newsletter!
Notify me of follow-up comments by email.
Notify me of new posts by email.
Edelweiss Mutual Fund to launch the second tranche of ‘BHARAT Bond ETF’
The Ultimate Guide to New York City in a Weekend
How To Buy Ford Figo Spare Parts Online In India?
Tata Money Market Fund – In a nutshell
Award-winning Canon photographers capture Ramadan in the time of a pandemic
2014 The Global Indian New Network (TGINN)