Results of the Survey on Financial Regulators’ Initiatives Regarding Corporate Climate-Related Disclosures: ADBI–ADB Climate Finance Dialogue Progress Report

For the first time, at the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), an agreement was reached to transition away from fossil fuels, triple global renewable energy capacity by 2030, and double global average energy efficiency, among other measures, in order to limit the global average temperature increase agreed in the Paris Agreement. Therefore, all participating economies are urged to expedite concrete actions in line with these commitments