The United Nations Environment Programme Finance Initiative (UNEP FI) offered an in house webinar for the Green Climate Fund (GCF) on “Climate Change & the TCFD recommendations” on 1 April at 3 PM CET. The webinar was delivered in English.
Climate disclosures and the TCFD are of particular importance to the GCF and to public finance institutions. The TCFD offers a standard framework for the GCF to explore and evaluate its climate risks and opportunities. In addition, the GCF’s development of TCFD risk and opportunity assessment approaches will greatly benefit local financial institutions that they support by helping them to better manage their own climate risks. Furthermore, TCFD is a collective endeavor of the entire financial sector. GCF’s disclosures will increase transparency around climate risks in the financial sector and identify areas where additional climate finance is needed.
- Understand how and why the Task Force on Climate Related Financial Disclosures (TCFD) is relevant to public entities such as GCF, development financial institutions, among others;
- Understand how public entities can start implementing the TCFD recommendations.
- UNEP FI, TCFD and Public Finance (GCF) Carolina López & David Carlin, UNEP FI
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