Reports: Difference between revisions

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|Recommendations of the Task Force on Climate-related Financial Disclosures
|[https://assets.bbhub.io/company/sites/60/2021/10/FINAL-2017-TCFD-Report.pdf Recommendations of the Task Force on Climate-related Financial Disclosures]
|Financial Stability Board
|Financial Stability Board
|The TCFD's final report (2017) provides a framework for companies and financial institutions to disclose climate-related financial risks and opportunities. It focuses on four core areas: Governance, Strategy, Risk Management, and Metrics and Targets. TCFD's recommendations aim to improve transparency in how companies assess and manage climate-related risks and disclose these in financial filings. Impact: It has become the global benchmark for companies and governments looking to align climate-related reporting with financial disclosures.  
|The TCFD's final report (2017) provides a framework for companies and financial institutions to disclose climate-related financial risks and opportunities. It focuses on four core areas: Governance, Strategy, Risk Management, and Metrics and Targets. TCFD's recommendations aim to improve transparency in how companies assess and manage climate-related risks and disclose these in financial filings. Impact: It has become the global benchmark for companies and governments looking to align climate-related reporting with financial disclosures.  
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|[https://assets.bbhub.io/company/sites/60/2021/10/FINAL-2017-TCFD-Report.pdf Link]
|[https://assets.bbhub.io/company/sites/60/2021/10/FINAL-2017-TCFD-Report.pdf Link]
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|The Availability of Data with Which to Monitor and Assess Climate-Related Risks to Financial Stability
|[https://www.fsb.org/uploads/P070721-3.pdf The Availability of Data with Which to Monitor and Assess Climate-Related Risks to Financial Stability]
|Financial Stability Board
|Financial Stability Board
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|[https://www.fsb.org/uploads/P070721-3.pdf Link]
|[https://www.fsb.org/uploads/P070721-3.pdf Link]
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|IPCC AR6
|[https://www.ipcc.ch/report/sixth-assessment-report-cycle/ IPCC Sixth Assessment Report]
|IPCC
|IPCC
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|[https://www.ipcc.ch/report/sixth-assessment-report-cycle/ Link]
|[https://www.ipcc.ch/report/sixth-assessment-report-cycle/ Link]
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|The Enhancement and Standardization of Climate-Related Disclosures for Investors
|[https://www.sec.gov/rules-regulations/2024/03/s7-10-22 The Enhancement and Standardization of Climate-Related Disclosures for Investors]
|Securities and Exchange Commission (SEC)
|Securities and Exchange Commission (SEC)
|SEC is adopting amendments to its rules under the Securities Act and Exchange Act that will require registrants to provide certain climate-related information in their registration statements and annual reports. The final rules will require information about a registrant's climate-related risks that have materially impacted, or are reasonably likely to have a material impact on, its business strategy, results of operations, or financial condition. In addition, under the final rules, certain disclosures related to severe weather events and other natural conditions will be required in a registrant's audited financial statements.
|SEC is adopting amendments to its rules under the Securities Act and Exchange Act that will require registrants to provide certain climate-related information in their registration statements and annual reports. The final rules will require information about a registrant's climate-related risks that have materially impacted, or are reasonably likely to have a material impact on, its business strategy, results of operations, or financial condition. In addition, under the final rules, certain disclosures related to severe weather events and other natural conditions will be required in a registrant's audited financial statements.

Revision as of 17:26, 13 November 2024

Title Published by Overview Tag Link
Recommendations of the Task Force on Climate-related Financial Disclosures Financial Stability Board The TCFD's final report (2017) provides a framework for companies and financial institutions to disclose climate-related financial risks and opportunities. It focuses on four core areas: Governance, Strategy, Risk Management, and Metrics and Targets. TCFD's recommendations aim to improve transparency in how companies assess and manage climate-related risks and disclose these in financial filings. Impact: It has become the global benchmark for companies and governments looking to align climate-related reporting with financial disclosures. financial disclosure Link
The Availability of Data with Which to Monitor and Assess Climate-Related Risks to Financial Stability Financial Stability Board data, physical risk, transition risk Link
IPCC Sixth Assessment Report IPCC Link
The Enhancement and Standardization of Climate-Related Disclosures for Investors Securities and Exchange Commission (SEC) SEC is adopting amendments to its rules under the Securities Act and Exchange Act that will require registrants to provide certain climate-related information in their registration statements and annual reports. The final rules will require information about a registrant's climate-related risks that have materially impacted, or are reasonably likely to have a material impact on, its business strategy, results of operations, or financial condition. In addition, under the final rules, certain disclosures related to severe weather events and other natural conditions will be required in a registrant's audited financial statements. Link
Principles for Climate-Related Financial Risk Management for Large Financial Institutions The Federal Deposit Insurance Corporation (FDIC) A high-level framework for the safe and sound management of exposures to climate-related financial risks.
Understanding the impacts of climate change on real estate lending and investment portfolios ClimateWise This report shows how investors and lenders can make use of well-established insurance models, tools and metrics to improve their management of some of the physical risks of climate change. Natural catastrophe models have long been used by the insurance industry to assess and price extreme weather event risk, and hence help them and their clients manage these risks. This report shows how outputs from climate models can be used in combination with natural catastrophe models to assess some of the physical risks of climate change in different scenarios catastrophe model, physical risk, insurance, Link
ECB economy-wide climate stress test ECB central banks, climate stress test Link
Guide on climate-related disclosure for central banks NGFS central banks, financial disclosure, NGFS Link
Nature-related Financial Risks: a Conceptual Framework to guide Action by Central Banks and Supervisors NGFS central banks Link
The Macroeconomic and Financial Stability Impacts of Climate Change Research Priorities NGFS Link
Climate Financial Risks: Assessing Convergence, Exploring Diversity Council on Economic Policies Link
Physical Climate Risk Assessment: Practical Lessons for the Development of Climate Scenarios with Extreme Weather Events from Emerging Markets and Developing Economies The World Bank physical risk, climate scenarios Link
DOUBLE TROUBLE? Assessing Climate Physical and Transition Risks for the Moroccan Banking Sector The World Bank physical risk, transition risk Link
The 2023 Climate Risk Landscape UNEP FI UNEP FI’s 2023 Climate Risk Landscape report assists financial institutions in better understanding the diverse and dynamic landscape of climate risk tools. The report explores the major market trends in physical risk and transition risk tools and provides detailed analysis on dozens of individual tools. physical risk, transition risk Link
Good practices for climaterelated and environmental risk management ECB Link
Principles for the effective management and supervision of climate-related financial risks Basel Committee on Banking Supervision The Basel Committee on Banking Supervision has published principles for the effective management and supervision of climate-related financial risks. The document forms part of the Committee's holistic approach to addressing climate-related financial risks to the global banking system and seeks to improve banks' risk management and supervisors' practices in this area. supervision, scenario analysis Link
Climate-related risk drivers and their transmission channels Basel Committee on Banking Supervision This report explores how climate-related risk drivers, including physical risks and transition risks, can arise and affect both banks and the banking system via micro- and macroeconomic transmission channels. physical risk, transition risk, macroeconomic transmission, microeconomic transmission Link
Final Report on the Prudential Treatment of Sustainability Risks for Insurers European Insurance and Occupational Pensions Authority Link
European Insurers' Exposure to Physical Climate Change Risk European Insurance and Occupational Pensions Authority physical risk, insurance Link
Physical Climate Risk Assessment Methodology (PCRAM). Coalition for Climate Resilient Investment (CCRI) Link
Modeling Climate Transition Risk: A Network Approach CFA Institute of Research and Policy Center This report advocates for a scenario-based approach to assess transition risks. It focuses on three layers where these risks manifest—the specific transition scenario, the broader economy, and the financial sector’s interactions. Link
Tipping Points in Climate-Related Insurance Modeling SOA Research Institute This report provides actuaries and other professionals working on climate-related risk with a methodology to identify climate regime shifts in different climate scenarios that could represent a “new normal” for insurers. As climate change occurs, insurers need new techniques to identify regime shifts: large sudden changes in systems that indicate a transition from one steady state in a system to another. By incorporating these new techniques and datasets into existing risk management, underwriting, pricing and investment management processes, insurers can prepare and adapt to a changing climate. Insurance Link
Climate Risk Source Book Eurac’s Research Center for Climate Change and Transformation together with GIZ, UNU-EHS, GeoSphere Austria and IIASA The Climate Risk Sourcebook (CR‐SB) delivers a conceptual framework for a comprehensive Climate Risk Assessment (CRA) together with modular instructions, divided in eight modules, on how it can be conducted (see figure below). It can be used:
  • as a ‘beginners guide’ on CRA,
  • for a rapid risk assessment at a sub‐national to local scale, to obtain an overview of the most relevant climate risks, or to prepare a more in‐depth risk assessment and/or
  • for training purposes.
risk assessment Link