In order to support finance institutions in their understanding of risks and chances of the global climate change and help them with their climate change related reporting, the Green and Sustainable Finance Cluster Germany e.V. (GSFCG) has founded a think-tank.
It is meant to help implementing the recommendations of the Task Force on Climate-related Financial Disclosures, which was established in 2015 by the Financial Stability Board of the G20- finance ministers and central reserve banks.
In 2017 the Task Force has published recommendations for effective risk-based climate-reporting, which are currently not implemented by all financial institutions yet, but might in the near future have an important impact on European regulations.
The experts within the think-tank have profound knowledge from areas such as regulation, risk and scenario analysis, strategy consultancy, metrics and sustainability reporting. Since January they are working together with finance market players in different workshops to help them understand the background and develop action plans, so the recommendations can already be implemented in daily workflows as of today.
The Frankfurt School – UNEP Collaborating Centre (FS-UNEP Centre) is coordinating the project. Experts are coming from the FS-UNEP Centre itself, but also from consultant companies such as The CO-Firm and d-fine, as well as from the data supplier right. based on science.
Four workshops are planned, two of which have already taken place in January and February. The next one is scheduled for the 9th of April.
More information regarding the Green and Sustainable Finance Cluster Germany e.V. can be found here: https://gsfc-germany.com/
Frankfurt School of Finance & Management
069 154008 785
Green and Sustainable Finance Expert
Frankfurt School – UNEP Collaborating Centre for Climate & Sustainable Energy Finance
Frankfurt School of Finance & Management gemeinnützige GmbH
Adickesallee 32-34, 60322 Frankfurt am Main
Tel: +49 69 154008 859