17/06/25 (Agence Europe) – On Friday 13 June, the Basel Committee on Banking Supervision published a voluntary framework for disclosing climate-related financial risks. The courts are required to consider whether to implement it at national level. The Committee recognises that the accuracy, consistency and quality of climate-related data are evolving and that it is therefore necessary to build a reasonable level of flexibility into the final framework. It also recognises that multiple quantitative indicators and qualitative information may be needed to provide a complete picture of banks’ exposure to climate-related financial risks. It will monitor relevant developments, including the implementation of other reporting frameworks and disclosure practices by internationally active banks in member jurisdictions, and consider whether revisions to the framework would be necessary in the future. For more information: https://aeur.eu/f/hda (AD)