Regulators' Group Highlights Best Practices in Environmental Risk Analysis

Regulators are encouraging more consideration of environment-related risks by financial institutions to improve the overall financial stability they are charged with maintaining As challenges to the analysis of environmental risks surface, regulators have called for more support for demonstrating projects in a broad range of geographical and financial sub-sectors, which should include Islamic finance Islamic banks should take the call from regulators directed at both developed and developing market financial institutions as an opportunity to begin improving their capacities and seeking government & regulator support for their efforts

The Central Banks and Supervisors’ Network for Greening the Financial System (NGFS) released a report last...