Principles for the effective management and supervision of climate-related financial risks

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BCBS  | 
Consultative
 | 
16 November 2021
 | 
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The Basel Committee on Banking Supervision has published a public consultation on principles for the effective management and supervision of climate-related financial risks. The document forms part of the Committee's holistic approach to address climate-related financial risks to the global banking system and aims to promote a principles-based approach to improving both banks' risk management and supervisors' practices in this area.

The Committee welcomes comments on the principles, which should be submitted here by 16 February 2022. All submissions will be published on the BIS website unless a respondent specifically requests confidential treatment.