The Council of Financial Regulators Climate Working Group was established in 2017. The Working Group brings APRA, ASIC, RBA and Treasury together to consider and coordinate actions in relation to understanding and managing financial climate-related risks. The Working Group reports to the CFR as needed on international developments, emerging regulatory gaps, and risks to the financial system in relation to climate change.
The Working Group provides an annual update to the Council of Financial Regulators on its recent activities and planned further work. For further details, see: