Climate change is a key point on the global political agenda in 2021 and politicians, regulators and financial market actors have started to discuss how to address the issue with the means of the market and how to best help companies to become more climate-resilient. As global financial markets take steps towards better integrating climate risk and opportunities into pricing mechanisms, disclosure provides the bedrock for progress in the pursuit of a more sustainable global economy. This session was organized in collaboration with the Climate Disclosure Standards Board (CDSB) and the International Finance Corporation (IFC).

The webinar took place on 21 October, from 12:00 to 13:00 (CEST).

Stock exchanges are uniquely positioned to advance climate disclosure through market guidance. They can support consistency and standardization of information that enables both local and global progress in climate reporting and use of climate-related data. Stock exchanges’ infrastructure, networks and experience can contribute to addressing climate change via capital markets. Working with and learning from their peers, can play an essential role in achieving climate-resiliency of our markets. 

A newly published UN SSE Model Guidance on TCFD adoption, assisting exchanges’ markets to implement the TCFD recommendations, as well as a new Action Plan, showing how exchanges can lead by example to make markets more climate resilient, are going to be the foundation for the session’s discussion round.

About WIF

The UNCTAD World Investment Forum (WIF) is the pre-eminent global platform for investment and development. The Forum devises strategies and solutions for global investment and development challenges. The Forum offers a unique opportunity to influence investment-related policymaking, shape the global investment environment, and to network with global leaders in business and politics. For more information and the full programme of events, visit: worldinvestmentforum.unctad.org