The FSB outlines a roadmap to address key climate risk management tools for regulators

A comparative analysis between regulatory responses to climate-related financial risks shows how the issue is permeating regulation of financial institutions outside of developed marketsThe global to-do list to create regulatory tools on climate is long and still growing, but is translating into policy changes that are already impacting financial institutionsAlthough regulation continues to evolve and develop in the area of climate risk, financial institutions need to start responding now to benefit from the feedback loop and build their own internal capacity

The “Inevitable Policy Response” (IPR) advanced by the UNPRI and others, which the RFI Foundation has frequently highlighted and has driven our exploration of financed emissions risk in Islamic markets, is movi...