Delivering on the G20 Sustainable Finance Roadmap

In the context of the Italian G20 Presidency in 2021, the Sustainable Finance Working Group (SFWG) published a roadmap to support future presidencies in coordinating international efforts in the field of sustainable finance. One topic addressed in various actions is the analysis of climate risks in the financial sector. This note examines how such climate risk assessments could be improved through an enhancement of vulnerability analysis, a key element of the climate risk equation.