Khalid Azizuddin
Platform on Sustainable Finance asked to look at potential categories beyond those proposed in last year’s consultation.
Central bank body also found emerging market banks more upbeat about the cost of transition plans than developed market peers.
Regional GFANZ chapter will also work on policy initiative and 'voluntary guidance' on transition strategies.
The climate targets initiative has been accused of sidelining staff and advisory bodies.
Parts of proposed global framework for prudential climate disclosures slammed as ‘out of sync’ with market practices.
Responsible Investor talks to asset managers about the pros and cons of the popular climate metric.
The move could see the East African country become a leader on climate supervision.
European Systemic Risk Board says tweaks to IFRS accounting standards could improve climate disclosures, while ESMA has separately proposed new ESG disclosure requirements for CRAs.
Requests around additionality were toned down in the final guidance, which the regulator says is 'in principle compatible' with global guidance.
Aside from changing lending practices, research found little evidence of other climate-aligned outcomes.