The FSB roadmap sets out a comprehensive and coordinated plan for addressing climate-related financial risks, including steps and indicative timeframes needed to do so, and paves the way for implementation.
This report examines the data needed to monitor and assess climate-related risks to the financial system, and proposes work to address current limitations and gaps.
The FSB calls for an acceleration of progress in the implementation of climate-related disclosures using a framework based on the TCFD recommendations.
FSB Chair updates Finance Ministers and Central Bank Governors on the FSB’s ambitious 2021 work plan, which seeks to address vulnerabilities directly related to COVID-19; and support strong, sustainable growth in a post-COVID world.
The FSB supports the recommended approach by the Trustees of the IFRS Foundation to initially focus on standards for climate-related financial disclosures, as an important initiative to promote globally consistent disclosures and avoiding fragmentation.