At Te Pūtea Matua, we see climate risk as having far-reaching impacts on the economy, and therefore the financial stability that underpins our economy. Managing major and systemic risks to the economy, such as climate change, sits squarely within our core mandates. We are continuing to develop our own climate change strategy, and disclosure will form a critical component of this.
22 To encourage bank partnerships that advance financial inclusion and address unmet credit needs, the ANPR seeks feedback on extending to CDFIs the status that is extended to MDIs, women-owned financial institutions, and low-income credit unions. This approach would effectively give banks CRA consideration for loans, investments, or services in conjunction with a CDFI anywhere in the country.