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Photo by: UN Environment

Together with the UN Environment Finance Initiative (UNEP FI), eleven of the world’s leading banks announced today a commitment to develop analytical tools and indicators to strengthen their assessment and disclosure of climate-related risks and opportunities.

Following the publication last month of the final recommendations by the Financial Stability Board’s (FSB) Task Force on Climate-Related Financial Disclosures (TCFD), the banks not only welcome the recommendations but are the first from their industry to work towards adopting key elements of the ground-breaking framework.

Read the UN Environment press release here.

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