In banking supervision, we do not regard climate-related financial risks as a new risk category, but as a driver of classic categories such as credit risk and market risk. We already expect banks to incorporate such risks into their risk management framework appropriately and to back them with adequate capital.
3  Graph 3  CPI Inflation Year-ended %  %  8  8 Monthly indicator  6  6  4  4 Quarterly  2  2  0  0  -2  2015  2017  2019  2021  2023  -2  Source: ABS.