This first annual progress report presents a consolidated update on the progress made by the standard-setting bodies and relevant international organisations, across a wide variety of initiatives to assess and address the financial risk from climate change, and identifies areas that continue to require attention.
This report provides recommendations to assist supervisory and regulatory authorities in developing their approaches to monitor, manage and mitigate cross-sectoral and system-wide risks arising from climate change and to promote consistent approaches across sectors and jurisdictions.
FSB Chair’s letter discusses current challenges for financial stability following Russia’s invasion of Ukraine, and the FSB’s work to bolster financial system resilience.
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.