The Institute of International Finance (IIF), which has 450 members from banks to central banks, is calling for greater international alignment of sustainable finance policies and regulation to better support the transition to a sustainable economy.
In a paper published on March 3, the IIF says that some headway is being made on integrating climate risk in the financial sector, but warns that the fragmentation caused by some groups looking to set regional and sector policy is creating confusion and slowing progress.
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