Supervision

The guide seeks to create a shared language of nature-related financial risks to navigate the challenges faced by central banks and supervisors.

Responses to draft disclosure standards reveal split on whether ISSB should prioritise biodiversity or social issues. …

The costs of extreme weather are hitting economies, with the tourism sector particularly vulnerable. One report estimates 0.6% of GDP has already been wiped off in 2023.

Trinidad and Tobago’s financial stability report says climate risks may pose macrofinancial challenges and will be included in its financial supervision.

The EU Commission has adopted the draft text of the European Sustainability Reporting Standards (ESRS), which has fuelled increasing concern about how investors should address their disclosure obligations on topics their investee companies classify as non-material. Virtually all disclosures mandated …