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Webinar: Climate Related Financial Risks

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Webinar: Climate Related Financial Risks

Year Published

2024

Contributing Organizations

International Monetary Fund (IMF)
Global Affairs Canada (GAC)
Toronto Centre
The Swedish International Development Cooperation Agency (Sida)

Type of Resource

Webinar or Podcast

Languages

English

Relevant Topics

Core Topic
Climate Finance Ecosystem

Target Audience

All

Relevant Geography

Global
Webinar: Climate Related Financial Risks

Resource Description

In this Webinar the panel discusses the inclusion of climate risk in the updated Core Principles and highlights why both banks and supervisors should adopt flexible practices to address the evolving nature of climate risks.

Why This Matters

This webinar provides in-depth insight into the roles that financial supervisors play in addressing climate risk. By discussing their approaches and challenges faced, this tool can be useful in informing approaches of other financial supervisors.

Key Insights

  • Insights from Elsie Addo Awadzi (Bank of Ghana), Shahin Mahmudzade (Central Bank of the Republic of Azerbaijan) and Jean Pesme (World Bank)
  • Discussion on current overview and how supervisors are approaching climate-related financial risk in their respective countries including capacity-building, closing the regulatory gap, and increasing transparency
  • Further discussion on the implementation of principles for effective management and their usefulness

Secondary File Resources

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