Loan-to-value tool proposed as new report sounds the alarm on severe disconnect between climate science and economic modelling. …

Singapore warns against “indiscriminate divestment” in newly published transition plan guidelines for a net-zero economy.

The Financial Stability Board’s annual report celebrates establishment of ISSB standards in a year of anti-ESG backlash.

European Parliament members “held the fort” in favour of sustainability reporting rules to begin in January 2024. …

The case for reforming the global financial architecture is “clear and urgent” Commonwealth finance ministers said at World Bank/IMF side event. …

UK prudential regulator encourages banks and insurers to establish clear plans and timeframes for developing climate accounting capabilities. …

Transition Plan Taskforce released a “gold standard” disclosure framework for reporting on climate transition plans. …

Everyone is committing to net zero, but what does it actually mean? And what needs to be considered when overseeing transition plans?

IMF resident advisor warns monetary policy must account for climate-related risks if it is to maintain financial stability. …

Landmark California climate disclosure bill puts pressure on US regulator to provide a timeline for reporting requirements. …

What are the key aspects of biodiversity risks for the financial system, and what are the implications for central banks and supervisors?