Include all financial intermediaries to be subject to a minimum of disclosure and risk management practices related to climate risks to avoid loop-holes that could generate serious distortions both to the climate and financial stability agendas. 3. Bear in mind that old regulation instruments might be ill suited to address these new risks. 4.
We welcome the renewed strong efforts by international organizations to advance and homologate the global climate agenda across countries and this agenda includes upgrade of risk management practices through scenario analysis, enhance disclosure, address data gaps and establish standards and metrics. And in terms of what international fora can do: 1.