GRA · Climate and Nature Financial Risk
Spatial financeWhere capital meets hazard, exposure and transition
Resilience and finance readiness
Climate and nature readiness asks whether the evidence on physical, transition and nature-related exposure is good enough for a bank, insurer or investor to run its own scenario analysis and meet disclosure and supervisory expectations. Climate and Nature Financial Risk, a the Global Risks Alliance (GRA) platform, prepares that evidence and the questions. Scenario outputs are never forecasts, and readiness is not alignment or approval.
The workspace for resilience and finance readiness.
Programme portfolio
Climate and nature financial risk · Resilience and finance · Example interface, not a record
Where the work sits
example geography
Portfolyo
| Insurer investments | Supervisory exercise | Ceribandin | On track |
| Asset manager fund | Scenario analysis cycle | Ceribandin | On track |
| Supervisory exercise | Disclosure readiness | Ceribandin | At risk |
| Nature-sensitive sectors | Transition plan assessment | Ceribandin | On track |
Decisions waiting on owners
- D-1Supervisory exercise submissionClimate risk lead · decision record11 d
- D-2Scenario analysis cycleInvestment committee · decision record5 d
- D-3Disclosure readinessInvestment committee · decision record11 d
Climate and Nature Financial Risk · Programme portfolio. Programme portfolio: example names and illustrative values, not a record.
Readiness is not approval.
A readiness file describes a programme’s evidence, risks and governance so that an institution can carry out its own review. GRA does not approve, rate, underwrite, lend or invest, and it recommends no counterparty.
Which framework answers which question.
| Pirs | Framework | Status, October 2026 |
|---|---|---|
| How should a bank manage climate risk? | BCBS climate principles | Published 2022 |
| How should an insurer? | IAIS climate application paper | Published April 2025 |
| What must be disclosed? | IFRS S2, local adoptions | In use; GHG amendments effective 2027 |
| How are financed emissions counted? | PCAF Part A | Third edition December 2025 |
| What about nature? | TNFD; ISSB proposal | TNFD recommendations 2023; ISSB exposure draft targeted October 2026, not a requirement |
| Which scenarios? | NGFS | Phase V with physical estimates under review; Phase VI announced for 2026 |
Pêvajo çawa dimeşe.
Process explorer · Process
Resilience and finance readiness: Sendai priorities and targets
9 steps·3 stages
Pêvajo
Resilience and finance readiness: Sendai priorities and targets
Çavdêrxaneya Çarçoveya Sendai names an expected outcome, a goal, four priorities and seven global targets, with UNDRR supporting follow-up and review.
01 Priorities for action
- 01Priority 1: Understanding disaster riskStep · Climate risk leadPolicies and practices should rest on understanding disaster risk in all its dimensions.
- 02Priority 2: Strengthening disaster rêveberiya xeterêStep · Climate risk leadGovernance at national, regional and global levels matters for managing disaster risk.
- 03Priority 3: Investing in disaster risk reductionStep · Climate risk leadPublic and private investment in disaster risk prevention and reduction is essential for resilience.
- 04Priority 4: Disaster preparedness, Build Back BetterStep · Climate risk leadPreparedness for effective response, and Build Back Better in recovery and reconstruction. Recovery is prepared in advance.
02 Goal and targets
- 05Expected outcome and goalComponent · States, with other stakeholdersThe outcome is a substantial reduction of disaster risk and losses. The goal is to prevent new and reduce existing disaster risk.
- 06Seven global targetsComponent · Global levelSeven global targets support the assessment of global progress. They are measured globally and complemented by work on indicators.
- 07Baseline for targets A and BRecord · Global levelTargets A and B compare the 2020 to 2030 average per 100,000 with 2005 to 2015. Targets C and D state no baseline period.
03 Follow-up and review
- 08Follow-up and reviewStep · UNDRRUNDRR supports implementation, follow-up and review: periodic progress reviews, global and regional follow-up, indicators and a web monitor.
- 09Progress reportingRecord · Climate risk leadHow States report progress is not set out in the text read. This outline shows only that progress is reviewed against the targets.
Outline of an external standard or method, from its public sources. It describes what the framework says, not a record of any run. It does not show that Nexus or any partner performs, certifies or approves a step. A gate is a step of the method, never a Nexus approval.
One evidence set, several frameworks.
A programme’s climate and nature evidence can be arranged once and read through each framework. The arrangement is the readiness work; the institution applies the framework. Disclosure governance at GRF climate disclosure governance.
Who sees a readiness file.
A file is released only at the programme owner’s written direction, to a party the owner chooses, with no fee tied to any transaction.
Where this page’s references lead.
Sazî û belgeyên ku ev rûpel li hember wan tê xwendin. Rewş û çap diguherin; her girêdan diçe ba saziya derxistinê.
- BCBS Principles for the effective management and supervision of climate-related financial risks (2022)
- IAIS Application Paper on the supervision of climate-related risks in the insurance sector (April 2025)
- IFRS S1 and IFRS S2 (ISSB), with the December 2025 targeted amendments to IFRS S2 GHG requirements (effective 2027)
- PCAF Global GHG Accounting and Reporting Standard, Part A financed emissions, third edition (December 2025)
- TNFD recommendations and LEAP approach (2023)
- ISSB decision on nature-related disclosures as a proposed IFRS Practice Statement (exposure draft targeted for October 2026)
- NGFS climate scenarios: long-term Phase V (November 2024; Phase VI announced for 2026) and short-term scenarios (May 2025)
Pages in Resilience and finance readiness.
Pirs û bersiv.
Does a readiness file mean finance is available?
Bring an exposure or capital question to the Alliance.
Agahî û pirs îro vekirî ne. Pirsek referansekê distîne û gava piştî wê dide nasîn; serlêdan, drav, veqetandina hesabkirinê û tomarkirin tenê dema ku tîm, mercên wê û kapasîteya vekolînê hebin vedibin.
Belgeyên hiqûqî.
Nexşe, dane û jimarên vê malperê ji bo çarçoveyê û agahiyên giştî têne nîşandan. Ew ne şîret, ne pêşbînî û ne hişyarî ne; sînorên agahiyê di Daxuyaniyên Berpirsiyariyê û Daxuyaniyên Daneyê de hatine diyarkirin.