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ECB: 'We can no longer drag our feet' with nature risks
30 September 2022A European Central Bank (ECB) executive has urged action to tackle financial risks related to nature as well as climate.
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FSB chair hints at end of TCFD with 'handover' to ISSB
14 July 2022The chair of the body that created the Task Force on Climate-related Financial Disclosures (TCFD) has hinted that the foundational disclosure initiative may be coming to an end.
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FSB identifies global sustainability assurance standards among priorities
14 July 2022The Financial Stability Board (FSB) has identified the development of globally applicable sustainability assurance standards among key areas of work to promote sustainable finance.
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Banque de France calls for 'brown penalising factor'
09 April 2018The idea of raising capital requirements on assets with high sustainability risks, by means of a so-called 'brown penalising factor', has won support from François Villeroy de Galhau, governor of the Banque de France.
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Banking on a changing climate?
05 April 2018Climate change poses a significant threat to banks. How big is their exposure to climate risks, and what are they doing to mitigate them, asks Peter Cripps
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Central bankers warn European Commission on green supporting factor
09 March 2018Prominent central bankers have warned the European Commission that plans to lower the capital requirements for green assets would be "dangerous".