This week the Task Force on Climate-related Financial Disclosures (TCFD) published its annual Status Report, showing significant growth in the number of supporting organisations and amount of investor demand.
The European Banking Authority (EBA) has released a survey designed to inform sustainable finance policy development.
Floods, hurricanes and wildfires have an undeniable impact on the countries and economies devastated by them – but are the risks of these increasingly common climate-related disasters being properly considered by investors? A recent International Monetary Fund report argues that investors and equity markets have been ignoring the growing risk of financial losses associated with […]
It’s already clear that climate change will present real financial risks to insurers over the coming decades – but how should the sector respond? A cross industry working group set up by the UK’s PRA has published a framework for the general insurance sector to guide them through assessing the financial impacts of climate change. […]