Climate risk analysis and supervision "Coal" policies of Paris financial centre participants (banks, insurers, asset managers): First joint ACPR/AMF monitoring and evaluation report
On the 2nd of July 2019, the Autorité de contrôle prudentiel et de résolution (ACPR, the French Prudential Supervision and Resolution Authority) and the Autorité des marchés financiers (AMF, the French Financial Markets Authority) announced the implementation of a framework aimed at monitoring and evaluating the commitments made by Paris financial centre participants (banks, insurers and asset management companies) in terms of climate, the findings of which will be reported upon annually. This first joint report will be published in December 2020. It will report on the work and provide an indication of the commitments made and the conditions for their effective implementation. The report will also provide an opportunity for recommendations aimed at lending credibility to and improving the monitoring of individual commitments made by financial institutions, as well as at developing tools and a regulatory framework supporting sustainable finance.
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- Published on 11/02/2020
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Updated on: 01/06/2021 12:36