UNEP FI, together with 11 of the world’s leading banks, launched a project to implement the recommendations set out by the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD). This pilot project is a pioneer initiative to develop scenarios, models and metrics to enable scenario-based, forward-looking assessment and disclosure of climate-related risks and opportunities.
Read an article on Bloomberg.com about the launch of the project here.