2021-10-15

Guidance on Climate-Related Risk Management

The Central Bank of Kenya issues guidance on climate-related risk management for financial institutions, emphasizing the impact of climate change on the economy and financial stability. The guidance aims to integrate climate-related risks into decision-making frameworks, with a focus on governance, strategy, risk management, and disclosure. Institutions should assess and address these risks, considering their potential impact on business operations and the broader economy. The Central Bank of Kenya also outlines a roadmap for gradual adoption of climate-related risk requirements, recognizing the complex nature of climate change.

Kenya

Central Bank of Kenya

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