Introducing the work programme of the BIS Innovation Hub Singapore Centre on green finance and climate risk data

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Introducing the work programme of the BIS Innovation Hub Singapore Centre on green finance and climate risk data

One of the issues facing a universal and coordinated approach is the lack of data, the lack of consistency in approaching how to assess and measure risks, and the retrospective rather than future-looking data that are considered when assessing climate risks (Schmieder and Tissot (2022)).

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