Program Description

To achieve net-zero, every economic sector will need to decarbonize, and financial institutions need to fund activities supporting this transition. Financial institutions and their customers will need to develop credible transition plans.

The panel will discuss:

• the common elements for transition plans;
• the need for financial regulators to set supervisory expectations for transition plans; and,
• how transition plans should be considered within the prudential framework.

Panelists:

Martin Moloney, Secretary General, International Organization of Securities Commissions

Irene Espinosa Cantellano, Deputy Governor, Banco de México

Michael Jantzi, Board Member, International Sustainability Standards Board

Jean Boissinot, Head, NGFS Secretariat; Deputy Director, Financial Stability, Banque de France

Moderator:

Babak Abbaszadeh, President and CEO, Toronto Centre

To learn more, please read our Climate and Biodiversity Risks Toolkit for Financial Supervisors.