Financial institutions in Canada are in the early stages of building climate-related risk assessment capacities, with many considering climate-related transition risks to be particularly complex to analyze. This session will provide guidance on –

• Reporting on climate-related financial risks in accordance with Task Force on Climate-related Financial Disclosures (TCFD) framework
• Assessing climate-related risks impacting Canada’s FIs
• Bank of Canada/OSFI 2022 pilot that assesses climate-related risks
• Analyzing economic and financial risks created by climate change
• How to identify and measure transition-related impacts
• What is happening on the international scene?