Climate Change: Issues for Securities Supervisors

Year Published

2021

Contributing Organizations

International Monetary Fund (IMF)

Global Affairs Canada (GAC)

Toronto Centre

The Swedish International Development Cooperation Agency (Sida)

Type of Resource

Guidance

Research/Insights Report

Languages

English

Relevant Topics

Core Topic

Risk Management

Target Audience

All

Relevant Geography

Global

Resource Description

This resource outlines how securities supervisors can address climate-related risks to financial stability, market integrity, and investor protection. It provides practical steps and frameworks to guide supervision of issuers, regulated firms, and green investing.

Why This Matters

Climate change is reshaping markets. Securities supervisors are key to ensuring transparent disclosures, credible risk management, and integrity in green investing.

Key Insights

Recommends supervisors require issuers to disclose material climate risks, using tools like TCFD
Advises regulated firms to assess climate-related impacts on operational resilience, asset valuation, and client services
Highlights risks of greenwashing and calls for oversight of climate-related claims in green investing
Emphasizes scenario analysis, board-level engagement, and alignment with other regulators
Supports use of taxonomies and disclosure frameworks to enhance market consistency

Was this resource helpful?

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

Share Your Feedback Suggest a Resource