Entries for 'Climate Risk'
February 23, 2023
The February 2023 edition of the Global Regulatory Update provides targeted updates on current workstreams and events.
February 7, 2023
On February 6, the IIF submitted a comment letter on the U.S. Federal Reserve Board's (FRB) Draft Principles for Climate-Related Financial Risk Management for Large Financial Institutions.
January 18, 2023
The IIF’s new report developed with McKinsey “Financing the Net-Zero Transition: From Planning to Practice” examines how financial institutions are rising to the transition finance challenge, as they seek to turn transition plans into tangible emissions reductions financing actions.
July 5, 2022
The IIF, ISDA, and GFMA provided public comments to the Financial Stability Board (FSB) on its Interim Report on "Supervisory and Regulatory Approaches to Climate-related Risks."
June 9, 2022
Climate-vulnerable low- and lower-middle income countries (LLMICs) have much lower “debt tolerance” (ability to manage high levels of debt...
May 4, 2022
The May 2022 U.S. Regulatory Update covers Fed Announcements on government-wide crypto activities, ongoing U.S. sanctions in the Russia-Ukraine conflict, proposed requirements related to climate-related financial risk, and more.
March 9, 2022
The March U.S. Regulatory Update covers Fed announcements on climate-related financial risk updates, ongoing SEC rule proposals, Hill hearings on crypto, and more.
September 30, 2021
The IIF Sustainable Finance Monitor covers key developments in the global sustainable finance agenda. In the September 2021 issue, we discuss official-sector approaches to mandatory TCFD implementation, share updates on policy and regulation, latest developments on frameworks, tools, initiatives, and key research insights.
July 15, 2021
This report takes stock of emerging public sector and banking industry practices on the topic of Scenario-based Climate Risk Measurement (SCRM). The Institute of International Finance (IIF) conducted a stock-taking exercise with 20 large member banks to gather industry experiences on SCRM exercises.
June 22, 2021
More than nine in ten (91%) of surveyed bank chief risk officers (CROs) view climate change as the top emerging risk over the next five years. Only about half (52%) of CROs said the same in 2019.
February 16, 2021
The IIF Sustainable Finance Monitor covers key developments in the global sustainable finance agenda. In the February 2021 issue, we discuss how climate policy is taking DC by storm, updates on policy and regulatory developments, and the latest news on market initiatives, frameworks, tools, and research insights. Our Market Snapshot this issue focuses on impact measurement and ESG performance, and we conclude with a summary of key SFWG activities and events.
February 11, 2021
"As leaders of the international financial community, we know that climate change is one of the greatest challenges facing us all. We are determined to effectively manage the risks for our industry and recognize our key role in mobilizing capital for unprecedented opportunities—solutions to mitigate greenhouse gas (GHG) emissions, strengthen climate resilience, unlock innovation and create jobs."
February 3, 2021
The IIF Sustainable Finance Working Group has submitted a response to the Taskforce on Climate-related Financial Disclosures (TCFD), and its Secretariat, on its public consultation on Forward-looking Financial Sector Metrics.
December 23, 2020
The IIF Sustainable Finance Monitor covers key developments in the global sustainable finance agenda. In the December issue, we discuss the how a US framework for sustainable finance could take shape under a Democratic Administration. In addition, we share the latest policy and regulatory updates, an overview of open sustainable finance consultations, news on key initiatives, frameworks and tools, our ESG market snapshot, and a calendar SFWG activities in 2021.
October 12, 2020
The IIF Sustainable Finance Monitor covers key developments in the global sustainable finance agenda. In the October issue, we discuss the IIF's Taskforce on Scaling Voluntary Carbon Markets and the transition to net zero emissions, share key updates on policy and regulatory developments, the latest on key initiatives, frameworks and tools, our ESG market snapshot, and SFWG activities and events.
August 25, 2020
The IIF Sustainable Finance Monitor covers key developments in the global sustainable finance agenda. In the August issue, we discuss nature-related risks and biodiversity finance, central banks' green recovery efforts, key policy and regulatory updates, a market snapshot on ESG performance, and SFWG activities and events.
July 16, 2020
On July 15, the IIF submitted a high-level response to the European Commission’s public consultation on the development of a Renewed Sustainable Finance Strategy (RSFS). Drawing on engagements with the IIF Sustainable Finance Working Group, this response is focused on topics of international relevance.
June 12, 2020
The IIF provides high-level comments to the European Commission’s public consultation on the revision of the EU Non-Financial Reporting Directive (NFRD).
June 10, 2020
This IIF Staff Paper summarizes key international ESG disclosure frameworks and evolving regulatory approaches in major jurisdictions. The IIF encourages the relevant international standard setting bodies to take steps in the coming months towards a harmonized cross-sectoral ESG disclosure framework.
April 28, 2020
IIF Managing Director, and Head of Sustainable Finance, Sonja Gibbs speaks with David Carlin, the lead on the TCFD Banking Pilot Program for UNEP-FI, about how to integrate climate risk and opportunities into banks credit risk framework.