https://www.taxtmi.com/news?id=26042 Climate-related financial risks require regulated entities to both channel finance to carbon-efficient sectors and strengthen risk management for physical, transition, legal and reputational exposures. Effective action depends on four interlinked building blocks: decision-useful disclosures, high-quality granular data, macro-level vulnerabilities analysis including scenario-based stress testing, and calibrated regulatory and supervisory tools. A formal taxonomy, third-party verification, capacity building, and fine-tuning of prudential frameworks are necessary to scale green finance and limit greenwashing while supporting the national transition agenda. en-us Thu, 22 Dec 2022 17:15:46 +0530 Thu, 22 Dec 2022 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26042 Climate-related financial risks require regulated entities to both channel finance to carbon-efficient sectors and strengthen risk management for physical, transition, legal and reputational exposures. Effective action depends on four interlinked building blocks: decision-useful disclosures, high-quality granular data, macro-level vulnerabilities analysis including scenario-based stress testing, and calibrated regulatory and supervisory tools. A formal taxonomy, third-party verification, capacity building, and fine-tuning of prudential frameworks are necessary to scale green finance and limit greenwashing while supporting the national transition agenda. News - Thu, 22 Dec 2022 17:15:46 +0530 https://www.taxtmi.com/news?id=26042