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2024 | OriginalPaper | Chapter

2. Regulatory Framework, Standards, and Best Practices for the Financial Sector

Authors : Elisabetta Gualandri, Paola Bongini, Maurizio Pierigè, Marina Di Janni

Published in: Climate Risk and Financial Intermediaries

Publisher: Springer Nature Switzerland

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Abstract

In this chapter aims to define a broad picture of the present date and outlines the evolution of the regulatory and supervisory framework for managing climate-related risks in the financial sector: state of the art is presented mainly concerning the European Union (EU) context, also taking a broader look to the international context. The specific focus regards the banking sector.

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previous chapter Climate Risk Scenario

next chapter Transmission Channels of Climate Risk

For a review of regulatory and supervisory initiatives taken by the European Authorities in the first phase, to foster the green transition, to enhance the role of finance and to promote the management of climate risks by financial intermediaries, see: Mikkelsen D. et al. (2022), Gualandri E. and Nobili M. (2022).

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Title: Regulatory Framework, Standards, and Best Practices for the Financial Sector
Authors: Elisabetta Gualandri
Paola Bongini
Maurizio Pierigè
Marina Di Janni
Publisher: Springer Nature Switzerland
Book: Climate Risk and Financial Intermediaries
Print ISBN: 978-3-031-54871-0

Electronic ISBN: 978-3-031-54872-7

Copyright Year: 2024
DOI: https://doi.org/10.1007/978-3-031-54872-7_2

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