87 - The G20 bold call

Why climate transition plans matter now

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The Climate Mentor
January 19th, 2025 • Estimated Reading Time: 4 minutes

New era of financial accountability ♻️

What does it take to future-proof our global financial systems against the climate crisis?

In a groundbreaking push, the FSB is urging companies and financial institutions to adopt robust climate transition plans. As the world grapples with rising temperatures, extreme weather, and shifting markets, the stakes couldn’t be higher.

Could this be the turning point that aligns economic stability with environmental sustainability?

A diagram illustrating the coordination of financial oversight within the G20 framework. It highlights the collaboration between ministries of finance, central banks, and financial regulators. Key entities include the International Monetary Fund (IMF), Financial Stability Board (FSB), World Bank (WB), and Basel Committees, with their respective roles in macroeconomic monitoring, financing, and implementing financial regulations. Supporting organizations such as Regional Development Banks, BIS, IASB, IOSCO, and IAIS are also depicted, showcasing their interactions within this global financial structure.

The G20 Financial Coordination Ecosystem

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