On 29 April 2022, the Financial Stability Board published an interim report on supervisory and regulatory approaches to climate-related risks to assist supervisory and regulatory authorities in developing their approaches to monitor, manage and mitigate risks arising from climate change and to promote consistent approaches across sectors and jurisdictions.

A more consistent global approach to addressing climate-related risks will help to better assess and mitigate financial vulnerabilities and to reduce the risk of harmful market fragmentation.

This virtual outreach event will take place on Thursday 19 May from 13:00-15:30 CEST. It aims to inform stakeholders about the consultation report and to gather a variety of perspectives on the topics covered in the report.

The event will consist of three sessions, based on the structure of the report:

  1. Supervisory and regulatory reporting and collection of climate-related data from financial institutions

  2. Incorporating systemic risks into supervisory and regulatory approaches

  3. Early considerations on macroprudential tools and policies

Registration closes on 17 May.

The FSB invites comments on the consultative interim report from stakeholders by 30 June 2022.