On 3 August 2021, the Bank of Mauritius hosted the first meeting of the new Task Force on Climate Change. This task forces aims to drive forward the banking sector’s agenda on climate change, especially in relation to climate-related disclosures, risk management, and climate-related financing.
As a follow-up to this, the MBA hosted a webinar on 23 August 2021, on the UK’s Task Force on Climate-related Financial Disclosures (TCFD), which is currently the most established framework of the kind. The presentation was led by Ms Manjula Chummun, a UK-based specialist on the TCFD framework. Key points raised included the need for strong leadership, the evolutive nature of the framework, and challenges in obtaining data.