Climate-related Risks

FSB Americas group discusses financial market developments and enhancing cross-border payments

FSB holds virtual meeting of the Regional Consultative Group for Americas.

FSB Sub-Saharan Africa group discusses regional vulnerabilities and enhancing cross-border payments

FSB holds virtual meeting of the Regional Consultative Group for Sub-Saharan Africa.

The implications of climate change for financial stability

Report analyses the potential cross-border transmission and amplification of climate-related risks and sets out next steps.

FSB examines financial stability implications of climate change

FSB analyses how climate-related risks might impact, or be amplified by, the financial system, including across borders.

FSB welcomes TCFD status report

Disclosure has steadily increased since the recommendations of the FSB Task Force on Climate-related Financial Disclosures were published in 2017.

2020 Status Report: Task Force on Climate-related Financial Disclosures

Annual report on TCFD-aligned disclosures by firms.

FSB Chair updates G20 on action to harness benefits from financial technology and innovation

Technology and innovation are transforming the global financial landscape, presenting opportunities, risks and challenges.

FSB Chair’s letter to G20 Finance Ministers and Central Bank Governors: October 2020

FSB Chair Randal K. Quarles’ letter to the G20 ahead of their October virtual meeting.

Stocktake of financial authorities’ experience in including physical and transition climate risks as part of their financial stability monitoring

Report on FSB members’ work on financial stability implications of climate risks.

FSB stocktake considers climate risks and financial stability

Report highlights work to understand implications of climate risks for financial stability but no holistic approach to quantification.

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