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UK financial watchdogs unveil sweeping climate risk guidance

Waves crash on the beach next to Brighton pier as high winds continue following Storm Ciara on February 11, 2020 in Brighton, England.
Photo: Chris J Ratcliffe/Getty Images

Climate Financial Risk Forum publishes handbook on nature, adaptation, and new scenario tools

The Climate Financial Risk Forum (CFRF), jointly convened by the FCA and the Prudential Regulation Authority (PRA), has released its latest suite of publications, significantly broadening the scope of guidance for the UK financial services industry on managing climate-related risks and opportunities.

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