On September 27th 2022, a workshop to support the implementation of the G20 Sustainable Finance Roadmap discussed how financial sector assessments of climate risks and impacts could be improved by the use of data relating to nature. 45 experts took part in the workshop, with 14 speakers providing insights into state-of-the-art discussions regarding: climate risk analyses, climate-nature analytics, nature data, financial stability applications, supply-chain data considerations and potential data system architectures that would enable future data accessibility. Participants attended from central banks, financial institutions, data and analytics providers and organisations working to advance sustainable finance.
The workshop, supported by the G20 Sustainable Finance Working Group Secretariat and the Nature-related Data Catalyst of the TNFD, kicked-off a participatory process to identify and draft recommendations to the G20 Sustainable Finance Working Group Secretariat, for consideration by G20 Member States on integrating climate and nature into financial decision making.
This workshop report sheds light on the workshop results and the next steps of this process.