Strengthening the Climate Information Architecture /

Strengthening the climate information architecture is paramount to promote transparency and global comparability of data and thus improve market confidence, safeguard financial stability, and foster sustainable finance. This note provides a conceptual framework around the provision of climate-relate...

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Bibliographic Details
Main Author: Ferreira, Caio
Other Authors: Rozumek, David, Singh, Ranjit, Suntheim, Felix
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2021.
Subjects:
Online Access:Full text available on IMF
Description
Summary:Strengthening the climate information architecture is paramount to promote transparency and global comparability of data and thus improve market confidence, safeguard financial stability, and foster sustainable finance. This note provides a conceptual framework around the provision of climate-related information, discusses the progress made to date, and points toward the way forward. Progress and convergence are required on the three buildings blocks of a climate information architecture: (1) high-quality, reliable, and comparable data; (2) a globally harmonized and consistent set of climate disclosure standards; and (3) a globally agreed upon set of principles for climate finance taxonomies. A decisive, globally coordinated effort is needed to move forward on all three fronts.
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Physical Description:1 online resource (14 pages)
Format:Mode of access: Internet
Access:Electronic access restricted to authorized BRAC University faculty, staff and students