Transparency for efficiency and financial stability

Need for transparency on climate risks

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Transparency for efficiency and financial stability

Need for transparency on climate risks

The financial system plays an important role in the climate transition and there must be sufficient transparency on climate related risks. Authorities and banks must continue enhancing transparency and support green investments. Without credible information, there is a risk that green investments will not be made, affecting the climate transition and the development of a sustainable economy.

Published: 3 November 2022