The Task Force on Sustainable Finance (TFSF) is an organisation made up of representatives from international financial institutions with offices in Dubai's International Financial Centre (DIFC). Its goal is to promote dialogue about sustainable finance in the DIFC so that global regulatory standards for sustainable finance can be consistently applied and adopted there. The publication, which features contributions from seven TFSF members (Bloomberg, DBS Bank, Franklin Templeton, HSBC Bank Middle East, Natixis Corporate and Investment Banking, Standard Chartered, and S&P Global), adds to the conversation about how to best deal with climate change's physical and transition risks, as well as other environmental threats in the United Arab Emirates.
Ian Johnston, Chief Executive of the DFSA said, “This Climate and Environmental Risk Management publication forms an integral part of our work to foster an open dialogue on sustainability within the DIFC and the UAE. We are extremely grateful to the Task Force members who contributed to this publication for sharing their views on this important topic.”