RBI Invites Comments on the “Draft Disclosure Framework on Climate-Related Financial Risks, 2024

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  • By Chetan Kulasri
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  • Last Updated on 7 March, 2024

Framework on Climate-Related Financial Risks

Press Release No. 2023-2024/1958; Dated: 28.02.2024

RBI has placed on its website the draft guidelines on the disclosure framework on Climate-related Financial Risks, 2024. These guidelines shall apply to all Scheduled Commercial Banks (excluding Local Area Banks, Payments Banks and Regional Rural Banks), All Tier-IV Primary (Urban) Co-operative Banks, All All-India Financial Institutions (viz. EXIM Bank, NABARD, NaBFID, NHB and SIDBI) and All Top and Upper Layer Non-Banking Financial Companies (NBFCs). The comments may be sent by April 30, 2024.

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