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The Basel Committee’s Revised Core Principles for Effective Banking Supervision: Addressing Climate-Related Financial Risks in ASEAN+3

This policy brief provides a detailed overview of the guidance that the Basel Committee on Banking Supervision (BCBS) has provided to financial institutions and their supervisors, in relation to assessing, quantifying and managing climate risks under Pillars I, II and III of the Basel framework.

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Hong Kong’s Strategy Toward Net Zero

In pursuit of sustainable economic growth, the Hong Kong government has taken significant steps to enhance the city’s climate resilience and accelerate its efforts to achieve the net-zero carbon emission objective by 2050 through various strategies.  

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