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Divided FSB punts on medium-term approach to climate-related financial risks

By Neil Roland ( July 14, 2025, 22:28 GMT | Insight) -- A divided Financial Stability Board punted on a medium-term approach to climate-related financial risks, opting to leave that to its annual work program instead. In an annual report to the Group of 20 economic powers, the FSB Roadmap noted the challenges for developing a financial stability perspective and indicated disagreement among board members on whether the work done to date is sufficient. The G20 asked the FSB to deliver to its July 17-18 meeting a document outlining its approach to potential climate-related financial risks.A divided Financial Stability Board punted on a medium-term approach to climate-related financial risks, opting to leave that to its annual work program instead....

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