This article briefly highlights the main points of the IFoA policy briefing paper for COP27, ‘Climate Emergency – tipping the odds in our…
As host of COP26, the UK’s focus was summarised in Boris Johnson’s mantra “cash, coal, cars and trees”. While key initiatives were launched around these four pillars, multiple coalitions were also announced which were not part of the official agenda. In this article, we briefly unpack some of the key outcomes of COP26.
In response to appeals from the wider industry to have improved clarity on the regulatory expectations for managing the financial risks of climate change, APRA has released a draft prudential practice guide (CPG 229) for banks, insurers and super funds.
