I don’t want to prejudge any of the specific recommendations that may end up in the final report, which is to be released later this year. But the new guidelines should be a helpful step forward in promoting more informed investment, credit and insurance underwriting decisions. While disclosure is an important piece of the puzzle, green investments face other financing challenges.
1 The Financial Stability Board. “FSB Correspondent Banking Data Report – Update Nov 2018.” 2 3/4  BIS central bankers' speeches  2 The World Bank. 2018. “The Decline in Access to Correspondent Banking Services in Emerging Markets:  Trends, Impacts, and Solutions.”  4/4  BIS central bankers' speeches