A guidebook for National Development Banks on Climate Risk

Climate-related financial risk management is a fast evolving topic. This guidebook intends to serve as a reference document on the resources available to date (2021), with a view to helping national development banks (NDBs) rapidly adopting good emerging practice while prompting them to fill outstanding gaps. NDBs are encouraged to engage with their stakeholders, local financial and capital market actors, and to collaborate regionally and globally in order to improve climate-related risk assessments and management. The guidebook refers to projected changes, the upcoming transition to a low-carbon and climate-resilient economy, and likely negative effects.