Sustainable Finance | Finance Watch - Page 2

Policy portal Sustainable Finance

Our planet must remain livable and the financial industry plays a key role in securing its future: financial flows must be re-oriented from environmentally harmful activities to a sustainable economy.

Financial regulation, alongside other policies, should ensure private finance becomes an enabler of sustainable transition. This requires:

  • Transparency and corporate governance reforms to ensure real-world outcomes and prevent greenwashing.
  • Robust risk management and adequate capital levels of financial institutions to make them resilient, ensure a “safe transition” and avoid a climate-driven financial crisis.
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20 PUBLICATIONS

Consultation response

Response to the EBA Discussion Paper on Environmental Risks in the Prudential Framework

Open letter

Open letter: banks and insurers must account for climate risk

In the open letter below, sent to policymakers in the European Parliament, Finance Watch and 13 partners call to include mandatory transition plans and capital requirements for climate-related risks in their review...
Consultation response

Response to consultation on the functioning of the ESG ratings market and on the consideration of ESG factors in credit ratings

Consultation response

Comments on the FDIC statement of principles for climate-related financial risk management

Consultation response

Feedback on OCC Principles for Climate-Related Financial Risk Management for Large Banks

Consultation response

BCBS Consultation response on the principles to effectively manage and supervise climate-related financial risks

Consultation response

Consultation response for EIOPA: climate change materiality assessments and scenarios in ORSAs

Report

Report: A ‘silver bullet’ against Green Swans – Incorporating climate risk into prudential rules

Simple measures taken now can sever climate change-financial instability link, says a new report “A silver bullet against green swans: Incorporating climate-related financial risk into bank and insurance prudential rules”.
Consultation response

Consultation Response on “Preparedness and Resilience to Climate-Related Risks” for the OSFI, Canada

Consultation response

Establishing ESAP: EU Commission consultation response

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