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GRF · Capital Nexus

Climate and nature finance policy

Climate and nature finance policy decides how public and private capital is disclosed, directed and safeguarded against climate change and biodiversity loss. It runs through central bank and supervisory mandates, disclosure standards, taxonomies, budget tagging, the commitments of climate funds and the safeguards attached to every project. This page sets out the agreements and standards in force, the mandates that bound what each institution may do, and what the evidence can and cannot settle.

02The question

Climate and nature finance policy: how the risk develops.

Disclosure, mandates and safeguards. The dossier below sets out how the risk develops, what is measured, where the data come from, how it is modelled and who decides.

Mechanism

Physical and transition risk

Climate change affects asset values through physical damage and through the transition to low-carbon economies. Both reach banks, insurers and sovereigns through collateral, earnings and tax bases, often with long lags.

Mechanism

Disclosure shapes pricing

What firms and governments must disclose sets what markets, supervisors and citizens can see. Common baselines reduce ambiguity, but disclosure without consistent data and assurance leaves room for labelling without substance.

Mechanism

Mandates bound action

Central banks and supervisors act within statutory mandates of price stability and financial stability. Whether and how climate and nature risks fall within them is a legal and political question, not a technical one.

Mechanism

Safeguards travel with money

Environmental and social standards attach conditions on land, labour, communities and biodiversity to financed projects. Their effect depends on screening, monitoring and grievance mechanisms working in practice.

03Geography

Habitat condition in Latin America and the Caribbean.

Night lights, population density and land cover over Latin America and the Caribbean, from NASA GIBS. Each layer carries its own date.

The interactive map needs JavaScript; the layer list and sources are below.

Layers 3

Habitat condition, for this page

About this layer
Evidence
Observed
Source
VIIRS Black Marble (VNP46A2) (NASA LAADS DAAC)
Provider
NASA LAADS DAAC
Licence
NASA open data
Vintage
daily; Satellite radiance, corrected for moonlight and atmosphere
Newest at build
2026-10-12
Resolution
about 500 m grid
Uncertainty
Satellite night-time radiance for the date shown; lights are a proxy for electricity use and outages, not a measurement of supply or access.
Reached through
gibs.earthdata.nasa.gov, only after you allow the live map
About this layer
Evidence
Estimated
Source
Gridded Population of the World v4.11 (NASA SEDAC (CIESIN, Columbia University))
Provider
NASA SEDAC (CIESIN, Columbia University)
Licence
CC BY 4.0
Vintage
null; Census-based estimate, static (2020)
Resolution
about 1 km grid
Uncertainty
Census-based estimate of people per square kilometre in 2020, shown as exposure context; not a count of people affected by any hazard.
Reached through
gibs.earthdata.nasa.gov, only after you allow the live map
About this layer
Evidence
Modelled (latest year GIBS publishes)
Source
MODIS Terra and Aqua land cover (MCD12Q1) (NASA LP DAAC)
Provider
NASA LP DAAC
Licence
NASA open data
Vintage
yearly; Satellite classification; latest year GIBS publishes
Newest at build
2024-01-01
Resolution
about 500 m grid
Uncertainty
Satellite land cover classes for the year shown, including croplands; a classification with known errors, not a farm register.
Reached through
gibs.earthdata.nasa.gov, only after you allow the live map
About this layer
Evidence
Observed (clouds leave gaps)
Source
MODIS Terra EVI (NASA LANCE)
Provider
NASA LANCE
Licence
NASA open data
Vintage
daily; Satellite index; clouds leave gaps
Newest at build
2026-10-13
Resolution
about 250 m grid
Uncertainty
Satellite vegetation index for the 8 days to the date shown, a habitat condition indicator; not a measure of species or biodiversity.
Reached through
gibs.earthdata.nasa.gov, only after you allow the live map
About this layer
Evidence
Observed (clouds leave gaps)
Source
VIIRS Global Flood Product (NASA LANCE)
Provider
NASA LANCE
Licence
NASA open data
Vintage
daily; Satellite detection; clouds leave gaps
Newest at build
2026-10-14
Resolution
about 250 m grid
Uncertainty
Satellite detection; clouds leave gaps. Satellite or model raster as the provider publishes it. Clouds, swath gaps and retrieval error leave gaps and noise; values are indicators, not measurements at a place.
Reached through
gibs.earthdata.nasa.gov, only after you allow the live map
About this layer
Evidence
Observed (clouds and overpass timing leave gaps)
Source
VIIRS NOAA-20 375 m (FIRMS) (NASA LANCE FIRMS)
Provider
NASA LANCE FIRMS
Licence
NASA open data
Vintage
daily; Satellite detection; clouds and overpass timing leave gaps
Newest at build
2026-10-13
Resolution
about 500 m grid
Uncertainty
Satellite hot-spot detections for the day shown, including gas flares and industrial heat; not a confirmed fire, an incident report or a warning.
Reached through
gibs.earthdata.nasa.gov, only after you allow the live map

Latest available

NASA GIBS / EOSDIS · ASTER GDEM (METI, NASA) · Blue Marble (NASA) · © OpenStreetMap contributors (ODbL) · Natural Earth

Loading the latest NASA imagery.

Drag to move. Ctrl or ⌘ and scroll, pinch or the buttons to zoom; hover for the values under the pointer; reset returns to the region.

Habitat condition, framed on Latin America and the Caribbean.Satellite and model products as NASA publishes them, each with its own date. They are indicators, not assessments of any place.

Data: NASA GIBS · ASTER GDEM · Blue Marble · © OpenStreetMap contributors · Natural Earth · NASA EONET · NASA JPL OPERA DIST-ALERT · U.S. Geological SurveySources and licences

  • We acknowledge the use of imagery provided by services from NASA’s Global Imagery Browse Services (GIBS), part of NASA’s Earth Science Data and Information System (ESDIS). Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). NASA open data
  • We acknowledge the use of imagery provided by services from NASA’s Global Imagery Browse Services (GIBS), part of NASA’s Earth Science Data and Information System (ESDIS). Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). NASA open data
  • VIIRS Black Marble night-time lights, NASA Goddard Space Flight Center; distributed by the NASA Level-1 and Atmosphere Archive and Distribution System (LAADS DAAC); imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). NASA open data
  • Center for International Earth Science Information Network (CIESIN), Columbia University. 2018. Gridded Population of the World, Version 4 (GPWv4): Population Density, Revision 11. NASA Socioeconomic Data and Applications Center (SEDAC). Licensed under CC BY 4.0. Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). doi:10.7927/H49C6VHW. CC BY 4.0
  • MODIS land products (vegetation indices, gross primary production, land cover), NASA LP DAAC and LANCE; imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). NASA open data
  • VIIRS near-real-time products (flood, land surface temperature, snow cover, corrected reflectance), NASA LANCE; imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). NASA open data
  • NASA Fire Information for Resource Management System (FIRMS), VIIRS 375 m active fire product, NASA LANCE; vector tiles via NASA GIBS. Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). NASA open data
  • ASTER GDEM is a product of METI and NASA (ASTER Global Digital Elevation Model V003, NASA LP DAAC); imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). Cite as: NASA/METI/AIST/Japan Spacesystems and U.S./Japan ASTER Science Team (2019). ASTER Global Digital Elevation Model V003. doi:10.5067/ASTER/ASTGTM.003. NASA open data
  • Made with Natural Earth. Free vector and raster map data @ naturalearthdata.com. Public domain
  • © OpenStreetMap contributors (ODbL), via NASA GIBS (coastlines, boundaries, roads and place names). Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). ODbL
  • Blue Marble, NASA Earth Observatory; imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). NASA open data
  • Context on the globe and flat map: coastlines, boundaries, roads and place names from NASA GIBS reference layers (OpenStreetMap data, ODbL, © OpenStreetMap contributors); Blue Marble imagery as an optional base; 3D terrain and the elevation read-out from the ASTER GDEM elevation colour index (5 m to 200 m classes, exaggerated for legibility). Boundaries are drawn as published and imply no position on any territory.
  • Live events: NASA Earth Observatory Natural Event Tracker (EONET); events are indicative and keep their original source links.
  • Live: NASA EONET Events are indicative, not authority warnings.
  • Observed (EO): NASA JPL OPERA DIST-ALERT (contains modified Copernicus Sentinel data 2026). We acknowledge the use of imagery provided by services from NASA’s Global Imagery Browse Services (GIBS), part of NASA’s Earth Science Data and Information System (ESDIS).
  • Live: U.S. Geological Survey Events are indicative, not authority warnings.
  • NASA GIBS: We acknowledge the use of imagery provided by services from NASA’s Global Imagery Browse Services (GIBS), part of NASA’s Earth Science Data and Information System (ESDIS).
  • Optional layers (7 sources in the layer list: live, forecast, observed and context) print their provider credit on the map and here when switched on; forecasts are model output and derived indices are estimates.

Layers and dates

  • Night-time lights, daily: VIIRS Black Marble (VNP46A2), NASA LAADS DAAC · 12 Oct 2026
  • Population density, 2020: Population: CIESIN, Columbia University, Gridded Population of the World v4.11 (2018), NASA SEDAC, CC BY 4.0 · static
  • Land cover type (IGBP), yearly: MODIS Terra and Aqua land cover (MCD12Q1), NASA LP DAAC · 2024
  • Enhanced vegetation index, rolling 8 days: MODIS Terra EVI, NASA LANCE · 13 Oct 2026
  • Flood water, 3-day composite: VIIRS Global Flood Product, NASA LANCE · 14 Oct 2026
  • Active fires and thermal anomalies: VIIRS NOAA-20 375 m (FIRMS), NASA LANCE FIRMS · 13 Oct 2026

04Indicators

What is measured, and how well.

Each indicator carries its unit, its cadence, the kind of source behind it and the evidence label a value would carry. No values are shown: a programme supplies them under its own authority.

IndicatorUnitCadenceSource typeLabel
International public climate finance by providerUS dollarsannualOECD DAC and UNFCCC biennial reportingREPORTED
Multilateral development bank climate financeUS dollarsannualJoint report on MDB climate financeREPORTED
Green, social, sustainability and sustainability-linked sovereign bond issuanceUS dollarsannualMarket databases, debt office recordsREPORTED
Climate-tagged budget expenditurepercent of total expenditureannualGreen budget tagging, national budget documentsDECLARED
Supervisors with climate risk expectations in forcecount of jurisdictionsannualNGFS and Basel Committee surveysREPORTED
Firms reporting against ISSB-based standardscount by jurisdictionannualSecurities regulator recordsREPORTED
Financial flows harmful to biodiversity identified for reformUS dollarsper assessmentNational biodiversity finance plansESTIMATED
Projects with completed environmental and social assessmentpercent of approved projectsannualLender safeguard disclosureREPORTED
05Monitor

Public investment pipeline.

The screen a team would use to follow this subject: its measures, states and decisions. Names are examples and values are illustrative.

Public investment pipeline

Climate and nature finance policy · Member state A · Budget cycle 1

3 projects unscreenedGRF · Capital Nexus

Pipeline

Coastal road upgradeTransportHigh riskRedoAppraisal
District hospitalHealthMediumDoneCommittee
Irrigation schemeAgricultureMediumDoneFinancing
Solar mini-gridsEnergyLowDoneProcurement

Committee

Next meeting
week 3
Quorum
7 members
Conflicts
declared, recorded
GRF role
convening and methods

Investment cycle

  1. Identifyneeds
  2. Screenclimate and disaster
  3. Appraisecost-benefit
  4. Selectcommittee
  5. Financemix
  6. Implementmonitor
  7. Evaluateex post
Public investment pipeline: the screen’s structure, terms and states for Climate and nature finance policy.Example names and illustrative values; a design, not a record or a live system.
06Sources

Where the evidence comes from.

Named public datasets and institutional records, each with its licence class. Sources by agreement are used only under their terms and never republished.

SourceWhat it givesLicence class
Joint report on multilateral development banks’ climate financeClimate finance by bank, region, instrument and adaptation or mitigationPublic report, terms per publisher
OECD climate-related development finance dataClimate-related flows by provider and recipient, Rio marker basedCC BY 4.0
IMF Climate Change Indicators DashboardGreen bonds, climate-related government expenditure and transition indicatorsFree, IMF copyright and usage terms
NGFS climate scenariosReference scenarios for transition and physical risk used by supervisorsFree, NGFS terms of use
Climate Policy Initiative Global Landscape of Climate FinanceTracked climate finance flows by source, instrument and useFree, attribution
UNFCCC biennial reports and transparency reportsParty-reported climate finance provided, mobilised and receivedPublic, UN terms of use
Convention on Biological Diversity national reports and finance plansReported biodiversity finance and planned reforms of harmful incentivesPublic, UN terms of use
07Policy scenarios

Compare instruments: rules, incentives and information.

Three families of instruments side by side against the baseline, each with its own lag and adoption speed, under the coverage and compliance you set; effect sizes are teaching values to replace with evidence. Scenario: named assumptions about the future, not a forecast. The map on this page shows Latin America and the Caribbean; the model itself is not tied to a place.

Controls

Baseline trend of the outcome
2.0% a year
Coverage of the instrument
70%
Compliance
75%
Effect size, against the teaching value
100%
Years ahead
20 years

Readouts

Largest reduction at the horizon
Carbon pricing
Its reduction against the baseline
24%
Numbers, methods and sources
YearBaselineCarbon pricingStandards and mandatesDisclosure and information
0100.099.199.599.1
1102.0100.3101.199.8
2104.0101.1102.699.9
3106.1101.2103.8100.0
4108.2100.3104.6100.7
5110.498.7105.0102.1
6112.696.7104.8103.9
7114.995.0104.3105.9
8117.294.1103.8108.0
9119.594.1103.5110.1
10121.994.8103.6112.3
11124.395.9104.2114.5
12126.897.4105.3116.8
13129.499.1106.7119.2
14131.9100.9108.4121.6
15134.6102.9110.3124.0
16137.3104.9112.3126.5
17140.0107.0114.5129.0
18142.8109.1116.7131.6
19145.7111.3119.0134.2
20148.6113.5121.3136.9

Methods

  1. Tools of government Hood (1983), The Tools of Government, Macmillan
  2. Carrots, sticks and sermons Bemelmans-Videc, Rist and Vedung (1998), Transaction
  3. Diffusion of innovations Rogers (2003), Diffusion of Innovations, Free Press
  4. Uncertainty fan (parameter Monte Carlo) Spiegelhalter, Pearson and Short (2011), Visualising uncertainty about the future, Science 333
  5. One-at-a-time sensitivity (tornado) Saltelli and others (2008), Global Sensitivity Analysis: The Primer, Wiley

Data

The model runs on the teaching values set by the controls. To calibrate it for a place, read it against these admitted layers and series, which this page’s map can draw:

  • Borders Natural Earth
  • Cities Natural Earth
Compare instruments: rules, incentives and information. Illustrative teaching model: it runs on the values set by the controls, not on measured data. Methods: Tools of government (Hood (1983), The Tools of Government, Macmillan); Carrots, sticks and sermons (Bemelmans-Videc, Rist and Vedung (1998), Transaction); Diffusion of innovations (Rogers (2003), Diffusion of Innovations, Free Press).

Across the six pillars, led by Nexus Consortium

08Decisions

Who decides, and what the evidence serves.

Capital Nexus prepares evidence. The decisions below are taken by the authorities named, under their own rules, and never by the platform.

Who decidesThe questionEvidence this page serves
Central banks and financial supervisorsWhether and how climate and nature risks enter supervisory expectations and stress tests within the mandateMandate texts, NGFS scenarios with their assumptions, supervisory survey evidence
Securities regulators and standard settersWhich disclosure baseline to adopt, with what phasing and assuranceJurisdictional adoption records and reporting coverage
Finance ministries and parliamentsHow to tag, report and scrutinise climate and nature spending and sovereign sustainable bondsBudget tagging methods, bond frameworks and allocation reports
Boards of climate funds and development banksWhich safeguards and accountability mechanisms apply, and whether they are workingSafeguard disclosure, grievance cases and independent evaluation

Outputs this topic produces

  • Mandate maps showing what each central bank, supervisor and fund may and may not do
  • Comparative briefs on disclosure standards, taxonomies and assurance
  • Dialogue papers on safeguard practice and grievance mechanisms
  • Question sets for tracking climate finance commitments
09Implementation

From mandate to evaluation, by pillar.

The steps an instrument takes from mandate to evaluation, each with the pillar that runs it, and the decisions that stay with the authority. Teaching model with stated illustrative values, not a prediction. The map on this page shows Latin America and the Caribbean; the model itself is not tied to a place.

  1. Mandate and problem framing Competent authority (outside the programme)
    A competent authority frames the problem and the mandate under its own rules. Howlett, Ramesh and Perl (2009)
  2. Evidence and system model Foundry
    The system is modelled with its feedbacks, data and stated limits. OECD (2014), principle 2
  3. Options appraised with scenarios Foundry
    Instruments are compared under scenarios, with uncertainty shown. Hood (1983)
  4. Exercise with stakeholders Universe
    The options are tested in an exercise with those who would implement and bear them. OECD (2014), principle 3
  5. Standard or guidance drafted Nexus Standards
    What works is codified as a standard or guidance, open to comment. Nexus Standards process
  6. Decision by the authority Competent authority (outside the programme)
    The authority decides, outside the programme, with the evidence on record. Howlett, Ramesh and Perl (2009)
  7. Capacity and training Risk Academy
    Those who implement are trained on the decided instrument and its data. Sendai Framework (2015), priority 2
  8. Monitoring and public report Reports
    Indicators are published with sources, limits and corrections. OECD (2014), principle 5
  9. Evaluation and revision Nexus Standards
    Results return to the standard and the model: the cycle closes. Howlett, Ramesh and Perl (2009)

Methods

  1. Policy cycle Howlett, Ramesh and Perl (2009), Studying Public Policy, Oxford University Press
  2. Governance of critical risks OECD (2014), Recommendation of the Council on the Governance of Critical Risks
  3. Layered drawing of directed graphs Sugiyama, Tagawa and Toda (1981), IEEE SMC 11
From mandate to evaluation, by pillar: the steps as recorded, each with its pillar; sources as cited on each step.

Across the six pillars, led by Nexus Consortium

10Core questions

What experts ask.

  1. 01

    What should be disclosed?

    Which climate and nature risks, dependencies and impacts institutions report, and how comparably.

  2. 02

    Whose mandate is it?

    How central banks, supervisors, ministries and fund trustees interpret their mandates on climate and nature.

  3. 03

    Do safeguards protect people and ecosystems?

    How environmental and social safeguards apply to climate and nature investment.

  4. 04

    What changes behaviour?

    Whether disclosure leads to different decisions, or only to more reports.

11Twin and cascade simulator

Exercise a cascade in climate and nature finance policy with the people who decide.

Assembled from the Nexus Standards area profile Disaster and climate risk finance: the hazards it names, the systems and communities that carry the loss, the controls and institutions that dampen it and the data that observe it. Pick an initiating event and step through the cascade to see where mandates meet and which decisions fall to whom. The Map view places the run on an example geography with open data. Every weight is a stated assumption. An exercise for dialogue, not a forecast, an assessment or a position. To model a place of your own choosing, open the full System Builder.

Hazards

  • Tropical cyclone
  • Earthquake
  • Ice-jam flood
  • Storm surge (set off downstream)
  • Intense rainfall (set off downstream)
  • River flood (set off downstream)
  • Flash flood (set off downstream)
  • Dangerous surf (set off downstream)
  • Widespread power outage (set off downstream)
  • Mass displacement (set off downstream)
  • Coastal flood (set off downstream)
  • Aftershock sequence (set off downstream)
  • Fault surface rupture (set off downstream)
  • Soil liquefaction (set off downstream)
  • Slope slide (set off downstream)
  • Rockfall (set off downstream)
  • Tsunami (set off downstream)
  • Building collapse (set off downstream)

Controls

  • NS-0 Constitution and principles
  • NS-3 Risk record UNIs (grammar, legacy crosswalk, allocation authority)
  • NS-9 Contextual UNIs (deployments, instances, programme instances)
  • NS-10 Policies and clauses (machine-readable obligations: definition, binding, evaluation and enforcement)
  • NS-11 Verification and monitoring (evidence, attestations, zero-trust conformance observation)
  • NS-14 Conformance and crosswalk to external standards
  • NRS-F8 Parametric and index-based risk transfer
  • NRS-F7 Disaster risk finance and pre-arranged finance
  • NRS-H113 Hazard family: Financial-system fragility (NHS-1 soc.financial-system)
  • NRS-H114 Hazard family: Macroeconomic and fiscal shocks (NHS-1 soc.macro-fiscal)
  • NRS-D1 Risk-informed development and project screening
  • NRS-H28 Hazard family: Climate-state shifts (NHS-1 eco.climate-state)

Observation

  • ERA5 reanalysis (Copernicus Climate Data Store) (listed for reference)
  • CHIRPS quasi-global gridded precipitation (listed for reference)
  • USGS earthquake GeoJSON summary feeds (listed for reference)
  • Total public international support for national disaster risk reduction actions (Sendai indicator F-1)
  • Direct economic loss attributed to disasters in relation to global GDP

Example geography

  • Western Europe: 152 hexagonal cells
  • Rain rate, last half hour (IMERG), NASA GIBS
  • Night lights tonight, outages (VIIRS Day/Night Band), NASA GIBS
  • Surface water through cloud, 30 m (OPERA DSWx-S1 radar), NASA GIBS
  • Surface soil moisture (SMAP), NASA GIBS
12Mechanisms

What drives the issue.

Climate risk reaches finance through physical damage and through the transition to lower emissions, which changes the value of assets and business models. Nature loss adds dependencies on ecosystem services such as water, pollination and soil that are harder to measure.

Disclosure regimes have spread, but disclosure alone does not change decisions. Data gaps, inconsistent methods and the long horizons of climate risk limit how far reported information affects pricing and allocation.

Mandates are contested. Debate continues over how far central banks and supervisors should act on climate and nature, and how fiduciary duties apply to long-term environmental risk.

Safeguards matter for legitimacy. Climate and nature projects can displace communities or harm ecosystems if safeguards are weak, undermining public support.

Taxonomies and labels shape flows. Classification systems that define what counts as green or sustainable influence where capital goes, and differences between them can fragment markets or invite labelling without substance.

Why now: the new collective quantified goal on climate finance agreed at COP29 (2024) and nature finance commitments under the Kunming-Montreal framework raise governance questions about tracking, access and accountability. Capital Nexus convenes the public institutions concerned, without advising on any transaction.

13Sector signature

Who a decision on climate and nature finance policy reaches.

The sectors a policy on climate and nature finance policy has to coordinate: a choice in one ministry lands in the others.

Select corners · hover lines6 / 15 relations

Signature

Biodiversity and its partners

Biodiversity gives pollination and soils to food (0.6), watershed regulation to water (0.5) and zoonotic spillover and medicines to health (0.4).

W · E · I · F · H · B

Sectors
4 of 6
Relations
6 of 15
Coupling
0.46 share of total

Strongest relations in play

  • Food → Biodiversity · land conversion0.6
  • Water → Food · irrigation0.8
  • Water → Biodiversity · environmental flows0.6
  • Food → Health · nutrition0.7
Teaching values for a typical city-region, not measurements for any place. Coupling is the summed strength of the relations in play, as a share of all fifteen.
14Methods and limits

How evidence is gathered, and where it stops.

Method or dataWhat it showsIts limit
Disclosure analysisWhat institutions reportReporting quality varies widely
Scenario analysisExposure under climate pathwaysLong horizons, deep uncertainty
Policy comparisonApproaches across jurisdictionsRapidly changing landscape
Safeguard reviewsEffects on communities and ecosystemsMonitoring often incomplete
15Instruments and commitments

How climate and nature finance policy is governed: instruments, mandates and commitments.

The instruments, mandates, actors and accountability arrangements a policymaker, diplomat or development agency works with, citing the agreements that set them. Structures follow the frameworks named. Any state or progress drawn is illustrative, not a record.

Development outcomes

The Sustainable Development Goals and targets that outcomes on climate and nature finance policy are reported against.

GoalTargetHow this subject links
Goal 1, no povertyTarget 1.5, resilience of the poor and vulnerableOutcomes reported through the agreed indicator of the target
Goal 17, partnerships for the goalsTarget 17.4, long-term debt sustainabilityOutcomes reported through the agreed indicator of the target
Goal 10, reduced inequalitiesTarget 10.5, regulation and monitoring of financial marketsOutcomes reported through the agreed indicator of the target
Goal 16, peace, justice and strong institutionsTarget 16.6, effective, accountable and transparent institutionsOutcomes reported through the agreed indicator of the target
Goals and targets of the 2030 Agenda, chosen from the page’s fields; indicators are reported by countries, not by the Forum.
Sendai Framework for Disaster Risk Reduction · UNDRRParis Agreement · UNFCCC2030 Agenda and the Sustainable Development Goals · United NationsInternational Health Regulations · WHO
16Methods

How it is studied, and what the methods cannot say.

  1. Policy, institutional and decision scienceMandate and decision-rights mapping · Institutional assessment synthesisApplied here
  2. Financial economics and macro-financeDebt sustainability under stress · The sovereign and bank feedback loopApplied here
  3. Economics and development economicsAppraisal of public investment · Fiscal incidence of policy choices · Indirect costs of shocksApplied here
17Questions

Questions and answers.

Do central banks have a climate mandate?
Mandates are set in law and differ. Many supervisors treat climate risk as a financial risk within existing safety and soundness mandates; broader roles depend on legislation and remain debated.
What is the ISSB?
The International Sustainability Standards Board, under the IFRS Foundation, issues sustainability disclosure standards, including a climate standard. Jurisdictions decide whether and how to adopt them.
Why do climate finance totals differ between reports?
Reports count different flows, treat loans and grants differently and attribute private mobilisation differently. Comparing totals without their methods misleads.
What is Target 19 of the Kunming-Montreal Global Biodiversity Framework?
The target on mobilising financial resources for biodiversity from all sources, alongside a separate target on reforming incentives harmful to biodiversity.
Does Capital Nexus set disclosure standards?
No. Standards are set by competent bodies under their own processes. Capital Nexus convenes dialogue on their design and effects.
Is climate finance policy only about emissions?
No. It also covers adaptation, physical risk, nature dependencies and the social effects of transition.
Does the platform take positions on central bank mandates?
No. It records the range of views and evidence; mandates are set by law and the institutions themselves.
ReportsContribute

Contribute evidence from this page.

Reports is the Consortium’s quarterly publication. What you know about this subject can become evidence, a case or a correction in the next edition, credited to you and published under CC BY 4.0 where it is your own work.

Global Risks ForumCapital NexusFinance and Insurance ReadinessEvidence Brief
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