Bandyopadhyay, Arindam <br/><br/>
Climate risk management: The RBI’s disclosure norms for banks and finanacial institutions 

 - Economic & Political Weekly   
 - 59(28), Jul 13, 2024: p.10-12 
<br/><br/> The Reserve Bank of India has proactively come out with a draft climate risk disclosure framework to sensitise Indian commercial banks and regulatory entities to give due importance to climate change risk and factor it in their business sustainability decisions. Indian commercial banks and regulated entities need to disclose climate-related physical and transition risks in terms of amounts and percentages of assets vulnerable to both risks. Banks are required to devise internal metrics to assess exposures to high climate risk sectors and gauge the erosion of capital or profitability under stress scenarios with different mitigating responses from these industries.-Reproduced <br/><br/>https://www.epw.in/journal/2024/28/commentary/climate-risk-management.html<br/> <br/> 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Climate Risk Management, RBI Disclosure Norms, Indian Commercial Banks, Financial Institutions, Physical Risks, Transition Risks, Sustainable Finance, Stress Scenarios, Asset Vulnerability, Internal Risk Metrics, Regulatory Framework, Climate Change Risk, Business Sustainability