Policies & Regulations Blake Goud Policies & Regulations Blake Goud

As Regulators Take Stock On Transition Plans, Financial Institutions Should Begin Their Own Planning

  • The NGFS released a Phase 1 stock take of the use of transition plans for micro-prudential supervision and laying out next steps

  • Transition plans for non-financial companies are substantially different than what financial institutions will prepare, and most of the finance industry is underprepared as regulators begin to probe ways to use them

  • Regulators and supervisors will place particular emphasis on making sure less resourced financial institutions in emerging & developing markets are able to effectively plan their role in transition

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Climate Risk Blake Goud Climate Risk Blake Goud

New Guidance On Nature Targets Will Increase Finance For The ‘Blue Economy’

  • New guidance from the Science Based Targets Network provides companies with a framework for assessing their impact on nature and helps them set nature-related targets

  • Nature risk impacts half of all global economic activity, and the blue economy where the RFI Foundation’s Blue Finance Challenge is focused, has been particularly challenging for financial institutions

  • As financial institutions increase their focus on nature risk – including risks related to the ‘blue economy’ – they will rely on technology to provide tools to measure, manage and disclose risks as well as to improve their ability to offer innovative solutions like ‘blue finance’

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