Across the world, a growing number of governments, regulators, standard-setters and market actors are starting to incorporate sustainability factors into the rules that govern the financial system. The inquiry was established in January 2014 to understand this fast-moving trend and to produce a set of policy options to advance good practice. The Inquiry has worked with a range of partners including central banks, financial institutions and international organisations to highlight a diversity of catalysts and approaches across banking, capital markets, insurance and investment. The Inquiry’s fourth progress report focuses on financial reforms that can reduce the risks of high carbon assets, scale up capital for the low-carbon transition and invest in protecting economies from natural disasters and climate shocks.
