In October 2024, the CFRF published guides on 3 key areas of climate risk:
Nature-related Risk: Handbook for Financial Institutions
-
Aim of publication: Provides an introduction for financial institutions to help frame nature as a risk, and discusses emerging practices in incorporating nature into financial risk management.
-
Industry need: Increasing industry discussion and interest in nature-related risk.
-
Supporting documents:
-
Aim of publication: To discuss the various use cases of short-term scenarios for banks/asset managers/insurers to provide more guidance to firms.
-
Industry need: Growing interest in and use of short-term scenarios.
-
Supporting documents:
Mobilising Adaptation Finance to Build Resilience
-
Aim of publication: Provide guidance for the industry to assess physical risks they fa