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Putting Climate and Nature at the Heart of the Global Financial System
We engage with central banks and financial supervisors on the need to integrate climate and environmental risks into decision-making, providing scientific research, tools, training and support.

Finance can be a powerful tool for shaping a healthy economy if our global financial system responds to the financial risks caused by climate change and biodiversity loss.

Today´s impacts are tomorrow's risks

We advocate a "precautionary" approach to environmental risks.  
Regulators, central banks and financial supervisors play a crucial role in applying this approach as it allows to act before the full materialization of risks, based on the acknowledgment that non-action on climate change and biodiversity loss would be fatal, catastrophic and irreversible. 

In our Roadmap Transitioning to a Net Zero and Nature Positive Economy, we outline key principles and measures for central banks and supervisors to address climate change and biodiversity decline.

We highlight the need to: 

  • Adopt ​​nature positive by 2030, limit global warming to 1.5ºC, and achieve net-zero emissions by 2050 as key anchors for their mandates;

  • Encourage economic transformation by ensuring monetary policies and financial regulatory instruments better reflect the economic cost and financial risk of always environmentally harmful economic activities, companies and sectors as these assets represent the highest financial risks;

  • ​Require all regulated financial institutions to publish credible, just transition plans.

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Our tools

Assessing sustainable financial regulations & activities
We undertake yearly assessments of sustainable financial regulations and central bank activities (SUSREG) in over 44 countries, representing over 88% of global GDP and 72% of global GHG emissions.

We yearly track how central banks and supervisors  are making progress on integrating climate, environmental and broader social considerations in their operations through the SUSREG online tracker.

In parallel, we launch annual reports highlighting good practice, remaining gaps and recommendations. 

 

Scientific research & studies
​We undertake, publish and promote scientific research and advocacy papers, and provide the necessary tools and assistance to help enhance ambitions on the global financial policy agenda.

We want to evidence the link between financial risks and environmental risks like climate change, water scarcity and biodiversity decline and advocate a precautionary approach to tackle climate and biodiversity risk. 

​Capitalizing on in-house expertise and external partners, we provide the necessary tools and assistance to help enhance ambitions on the global sustainable financial policy agenda. 

See News & Publications.

 

Targeted training and workshops
​We offer targeted assistance, trainings and workshops to individual financial supervisors, central banks and policy makers using scientific data, tools and methodologies.

We participate in, and also co-organize high-level events, webinars and dialogues with partners such as the Financial Times Digital dialogue to raise awareness and spur a debate on financial risks posed by climate change and  biodiversity loss and how the financial  sector can drive a net zero, nature positive economy.