Paper
The Supervision of Financial Institutions' Climate-Related Transition Planning
32 pages
Financial institutions are increasingly recognized for their role in climate-related change due to their financing of customers' and counterparties’ activities. Transition plans are a key element to limiting their climate-related change impact.
This publication explores two types of transition plans: those focused on internal risk management and those aimed at reducing the institutions' own contributions to climate-related change and sets out what these mean for supervision.
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