Key points
In July 2021, the Financial Stability Board (FSB) published a comprehensive Roadmap for Addressing Climate-related Financial Risks, which was endorsed by the G20. The Roadmap responded to the need for coordinated action between standard-setting bodies (SSBs) and other international organisations. Two years on, progress has been steady across all four blocks of the Roadmap and some areas have been identified for further attention:
- Firm-level disclosures
- Data
- Vulnerabilities analysis
- Regulatory and supervisory practices and tools