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Guidance on climate-related disclosure for central banks is updated

Steam emanates from Controlled Thermal Resources' Hell's Kitchen lithium and renewable power plant, the first of several to be built despite the threat of a lawsuit to stall or stop it on February 14, 2024 near Niland, California.
Photo: David McNew/Getty Images

NGFS has published the second edition of its guide on climate-related disclosure for central banks with additional coverage on metrics and targets.

Central banks have been pressed to lead by example by disclosing their climate-related risks and opportunities. The call comes from the Network for Greening the Financial System (NGFS), which has published an updated Guide on climate-related disclosure for central banks

Greater transparency about climate-related issues supports a sounder

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