AFREF joined Public Citizen, The Sunrise Project and other partner organizations in a letter to the Basel Committee on Banking Supervision’s in response to its consultation paper Disclosure of climate-related financial risks.

“Of particular importance is information related to financed emissions, transition plans, and forecasts. The proposal includes key measures to support disclosure of information related to these concerns, but it should be strengthened by including measures that (1) ensure an accounting and disclosure of financed emissions associated with a bank’s financial intermediaries, and (2) better reveal the extent to which bank plans for net zero emissions are credible.”

View or download a PDF of the letter here.