GCBC Logo

Sovereign disclosure on financial risks of climate change: international developments and recommendations for Colombia

Sovereign disclosure on financial risks of climate change: international developments and recommendations for Colombia

Year Published

2023

Contributing Organizations

Transforma

Type of Resource

Research/Insights Report

Languages

Spanish

Relevant Topics

Core Topic
Climate Policies & Frameworks

Target Audience

Governments & Policymakers
Banks
MDBs/DFIs
Advisors & Consultants
Asset Managers

Relevant Geography

Latin America and the Caribbean
Sovereign disclosure on financial risks of climate change: international developments and recommendations for Colombia

Resource Description

This policy brief highlights the importance of sovereign climate-related financial disclosures, noting that public sector reporting lags behind private sector progress under frameworks like the TCFD. It focuses on how climate risks could impact Colombia’s economy and public finances.

Why This Matters

Sovereign disclosures are key to aligning national financial systems with climate goals. This brief underscores the value of transparency for strengthening fiscal planning and attracting climate-aligned investment.

Key Insights

  • Identifies physical and transition risks as threats to Colombia’s fiscal and economic stability
  • Argues that sovereign climate disclosures can improve investor confidence and risk management
  • Suggests transparency supports strategic planning and capital mobilization for resilience

Was this resource helpful?

We'd love to hear from you! You can share your feedback or suggest a resource below.

Share Your FeedbackSuggest a Resource

Related Resources

LSFI Resource Hub - Frameworks resourceLSFI Resource Hub - Frameworks resource

LSFI Resource Hub - Frameworks

2025

LS
Part I: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption resourcePart I: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption resource

Part I: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption

2025

CG
Summary outcomes of the Roundtable on Macroeconomic Resilience in Small States resourceSummary outcomes of the Roundtable on Macroeconomic Resilience in Small States resource

Summary outcomes of the Roundtable on Macroeconomic Resilience in Small States

2025

a
Part II: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption resourcePart II: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption resource

Part II: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption

2025

CG
Directors’ Duties Navigator: Climate Risk and Sustainability Disclosures resourceDirectors’ Duties Navigator: Climate Risk and Sustainability Disclosures resource

Directors’ Duties Navigator: Climate Risk and Sustainability Disclosures

2024

CG
CC
State of climate disclosures in Colombia - First evaluation resourceState of climate disclosures in Colombia - First evaluation resource

State of climate disclosures in Colombia - First evaluation

2024

T
Executive Panel: International Development Week 2024: Agricultural and Financial Systems’ Adaptation to Climate Change resourceExecutive Panel: International Development Week 2024: Agricultural and Financial Systems’ Adaptation to Climate Change resource

Executive Panel: International Development Week 2024: Agricultural and Financial Systems’ Adaptation to Climate Change

2024

M
GA
TC
SBFN Data Portal resourceSBFN Data Portal resource

SBFN Data Portal

2024

SB
SBFN 2024 Global Progress Brief resourceSBFN 2024 Global Progress Brief resource

SBFN 2024 Global Progress Brief

2024

SB
Executive Panel: Addressing Greenwashing in Financial Sectors resourceExecutive Panel: Addressing Greenwashing in Financial Sectors resource

Executive Panel: Addressing Greenwashing in Financial Sectors

2023

IM
GA
TS
TC
LSFI Resource Hub - Frameworks resourceLSFI Resource Hub - Frameworks resource

LSFI Resource Hub - Frameworks

2025

LS
Part I: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption resourcePart I: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption resource

Part I: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption

2025

CG
Summary outcomes of the Roundtable on Macroeconomic Resilience in Small States resourceSummary outcomes of the Roundtable on Macroeconomic Resilience in Small States resource

Summary outcomes of the Roundtable on Macroeconomic Resilience in Small States

2025

a
Part II: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption resourcePart II: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption resource

Part II: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption

2025

CG
Directors’ Duties Navigator: Climate Risk and Sustainability Disclosures resourceDirectors’ Duties Navigator: Climate Risk and Sustainability Disclosures resource

Directors’ Duties Navigator: Climate Risk and Sustainability Disclosures

2024

CG
CC
State of climate disclosures in Colombia - First evaluation resourceState of climate disclosures in Colombia - First evaluation resource

State of climate disclosures in Colombia - First evaluation

2024

T
Executive Panel: International Development Week 2024: Agricultural and Financial Systems’ Adaptation to Climate Change resourceExecutive Panel: International Development Week 2024: Agricultural and Financial Systems’ Adaptation to Climate Change resource

Executive Panel: International Development Week 2024: Agricultural and Financial Systems’ Adaptation to Climate Change

2024

M
GA
TC
SBFN Data Portal resourceSBFN Data Portal resource

SBFN Data Portal

2024

SB
SBFN 2024 Global Progress Brief resourceSBFN 2024 Global Progress Brief resource

SBFN 2024 Global Progress Brief

2024

SB
Executive Panel: Addressing Greenwashing in Financial Sectors resourceExecutive Panel: Addressing Greenwashing in Financial Sectors resource

Executive Panel: Addressing Greenwashing in Financial Sectors

2023

IM
GA
TS
TC
LSFI Resource Hub - Frameworks resourceLSFI Resource Hub - Frameworks resource

LSFI Resource Hub - Frameworks

2025

LS
Part I: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption resourcePart I: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption resource

Part I: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption

2025

CG
Summary outcomes of the Roundtable on Macroeconomic Resilience in Small States resourceSummary outcomes of the Roundtable on Macroeconomic Resilience in Small States resource

Summary outcomes of the Roundtable on Macroeconomic Resilience in Small States

2025

a
Part II: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption resourcePart II: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption resource

Part II: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption

2025

CG
Directors’ Duties Navigator: Climate Risk and Sustainability Disclosures resourceDirectors’ Duties Navigator: Climate Risk and Sustainability Disclosures resource

Directors’ Duties Navigator: Climate Risk and Sustainability Disclosures

2024

CG
CC
State of climate disclosures in Colombia - First evaluation resourceState of climate disclosures in Colombia - First evaluation resource

State of climate disclosures in Colombia - First evaluation

2024

T
Executive Panel: International Development Week 2024: Agricultural and Financial Systems’ Adaptation to Climate Change resourceExecutive Panel: International Development Week 2024: Agricultural and Financial Systems’ Adaptation to Climate Change resource

Executive Panel: International Development Week 2024: Agricultural and Financial Systems’ Adaptation to Climate Change

2024

M
GA
TC
SBFN Data Portal resourceSBFN Data Portal resource

SBFN Data Portal

2024

SB
SBFN 2024 Global Progress Brief resourceSBFN 2024 Global Progress Brief resource

SBFN 2024 Global Progress Brief

2024

SB
Executive Panel: Addressing Greenwashing in Financial Sectors resourceExecutive Panel: Addressing Greenwashing in Financial Sectors resource

Executive Panel: Addressing Greenwashing in Financial Sectors

2023

IM
GA
TS
TC
LSFI Resource Hub - Frameworks resourceLSFI Resource Hub - Frameworks resource

LSFI Resource Hub - Frameworks

2025

LS
Part I: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption resourcePart I: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption resource

Part I: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption

2025

CG
Summary outcomes of the Roundtable on Macroeconomic Resilience in Small States resourceSummary outcomes of the Roundtable on Macroeconomic Resilience in Small States resource

Summary outcomes of the Roundtable on Macroeconomic Resilience in Small States

2025

a
Part II: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption resourcePart II: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption resource

Part II: Navigating Legal Duties & Sustainability in an Era of Divergence and Disruption

2025

CG
Directors’ Duties Navigator: Climate Risk and Sustainability Disclosures resourceDirectors’ Duties Navigator: Climate Risk and Sustainability Disclosures resource

Directors’ Duties Navigator: Climate Risk and Sustainability Disclosures

2024

CG
CC
State of climate disclosures in Colombia - First evaluation resourceState of climate disclosures in Colombia - First evaluation resource

State of climate disclosures in Colombia - First evaluation

2024

T
Executive Panel: International Development Week 2024: Agricultural and Financial Systems’ Adaptation to Climate Change resourceExecutive Panel: International Development Week 2024: Agricultural and Financial Systems’ Adaptation to Climate Change resource

Executive Panel: International Development Week 2024: Agricultural and Financial Systems’ Adaptation to Climate Change

2024

M
GA
TC
SBFN Data Portal resourceSBFN Data Portal resource

SBFN Data Portal

2024

SB
SBFN 2024 Global Progress Brief resourceSBFN 2024 Global Progress Brief resource

SBFN 2024 Global Progress Brief

2024

SB
Executive Panel: Addressing Greenwashing in Financial Sectors resourceExecutive Panel: Addressing Greenwashing in Financial Sectors resource

Executive Panel: Addressing Greenwashing in Financial Sectors

2023

IM
GA
TS
TC