EBRD third TCFD report on climate risk assessment

November 4, 2022
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The report outlines the Bank’s ambitions in relation to climate policy, its climate-related risk processes and the enhancements and developments in 2021 for identifying, assessing and managing climate-related risks.

It includes details of the Bank’s assessment methodologies for both carbon-transition and physical climate risk and provides disclosures on the EBRD’s performance against climate risk indicators and metrics. It discloses EBRD’s exposure to high emitting sectors while highlighting that the EBRD finance flows are directed to support transition to low carbon pathways.