Climate-related Risks
Keynote speech by FSB Chair Klaas Knot at the 11th Institute for Law and Finance Conference on "The Future of the Financial Sector: The Next Systemic Financial Crisis – Where Might it Come From?: Financial Stability in a Polycrisis World", Goethe University, Frankfurt.
FSB members discussed the outlook for global financial stability, reviewed issues of particular relevance to emerging market and developing economies (EMDEs) and agreed the FSB’s work programme for 2023.
FSB holds meeting of the Regional Consultative Group for Sub-Saharan Africa in Diani, Ukunda Kenya.
Report presents the FSB’s high-level assessment of current vulnerabilities in the global financial system; describes its ongoing financial stability work; and reports on the implementation and effects of G20 reforms.
2022 annual report to the G20 describes the financial stability outlook, the FSB’s priority areas of work and the implementation and effects of the financial regulatory reforms.
This FSB-NGFS joint report draws lessons for effective scenario analysis and sketches out the global perspective stemming from the various national/regional exercises conducted to date.
Initial findings from climate scenario analyses undertaken by financial authorities to assess climate-related risks suggest that measures of exposure and vulnerability to tail risks are likely understated.
FSB Chair Klaas Knot’s letter to the G20 Leaders ahead of their November Summit in Bali.
Letter warns that tighter financial conditions threaten to expose vulnerabilities within the financial system and underscore the need for international cooperation.
Report presents progress and reviews actions taken by the International Sustainability Standards Board in developing the global minimum baseline disclosures standards as well as by individual jurisdictions and firms in improving climate disclosures.
