AFREF submitted two comments to the Federal Deposit Insurance Corporation in response to their request for comment on “Statement of Principles for Climate- Related Financial Risk Management for Large Financial Institutions.”
The first comment was a joint letter signed by 13 partners regarding the fair lending, racial equity, and community development implications of climate-related banking supervision. Download a PDF of that comment here.
The second comment expanded on AFREF’s views in response to specific questions around climate-related scenario analysis, risk management financial products, and climate-related disclosure. Download a PDF of that comment here.