
Global Resilience Index Initiative secures new agreements and funding to provide open, globally consistent climate risk data
The UNDRR, Insurance Development Forum, the University of Oxford and the GEM Foundation signed a new agreement to advance the Global Resilience Index Initiative (GRII) and establish a Global Resilience Hub to help countries, financial institutions and investors, map and quantify their current and future climate and disaster risks and demonstrate the benefits of investing in resilience.

CGFI research cited in the Economic Report of the President 2023
CGFI research by Dr Nicola Ranger has been cited in the Economic Report of the President (ERP) 2023.

UK Green Finance Strategy 2023 – CGFI announces development of new Transition Finance Centre of Excellence
The CGFI will develop a new Transition Finance Centre of Excellence, announced in the UK Government’s new Green Finance Strategy.

CGFI releases research findings on CBES exercise
CGFI has released four new reports from research on the Climate Biennial Exploratory Scenario exercise (CBES). The reports assess the impact of CBES on participating financial institutions and insurers, with lessons for future scenario analysis and stress testing.

Spatial Finance Initiative releases State and Trends of Spatial Finance 2023 report and new datasets
The Spatial Finance Initiative has published the new State and Trends of Spatial Finance report for 2023, accompanied by new, open asset-level databases for four sectors.

CGFI research cited in House of Lords debate on financial regulation
The CGFI’s report on the Climate Biennial Exploratory Scenarios (CBES) exercise was cited in the House of Lords in a debate on the Financial Services and Markets Bill.

Transition Plans: the What, Why and How
Watch Jacques Morris’ keynote and panel discussion participation on “Transition Plans: the What, Why and How”.

12th June – CGFI Annual Forum 2023
The UK CGFI is holding its second Annual Forum on 12th June 2023. The Forum will focus on the role of data, analytics and innovation in advancing green finance in the UK and internationally.

CGFI Connect – Insurance and Climate Science: Bringing Together Research and Practice
The UK Centre for Greening Finance and Investment (CGFI) and Royal Meteorological Society (RMetS) Insurance Special Interest Group are holding a half-day event for researchers and insurers to share challenges, ideas and solutions around the implementation of climate and environmental data and research for insurance.

Integrating the UN SDGs into investment: from aspiration to practice
Leading international experts will explore topics around integrating the SDGs into investment practices in this afternoon event in Tokyo.

CFRF Scenario Analysis Working Group: Key Outputs and Resource
Speakers discuss outputs from the UK CFRF’s Scenario Analysis Working Group, including CGFI Director of Climate and Environmental Analytics Dr Nicola Ranger on lessons learnt from the Bank of England’s Climate Biennial Exploratory Scenario (CBES).

Transition Plans: what, why, when and how? 「ネットゼロ移行計画(トランジション・プラン)」に関するシンポジウム ー何を、どうして、いつ、どの様に進めるか
The Transition Plan Taskforce, together with the Japan Climate Initiative, UN Principles for Responsible Investment, ClientEarth, and the University of Oxford hosted an event to provide participants with a primer on what Transition Plans are, why are they important, the latest regulatory and policy developments relevant to transition plans, and how this is relevant to users and preparers of transition plans in Japan.

Blog: What if it’s a perfect storm? Stronger evidence that insurers should account for co-occurring weather hazards
This blog discusses co-occuring weather hazards in the UK and impacts on insurers, featuring CGFI research.

Learning from CBES: Survey Report
The UK Centre for Greening Finance and Investment (UKCGFI) and the Climate Financial Risk Forum (CFRF) worked together over 2022 to gather and synthesise the lessons from the process of the Bank of England’s Climate Biennial Exploratory Scenario (CBES), both to capture the learning for UK FIs and to share this internationally.
This paper focuses on the findings of the survey and brings in some initial perspectives from the analysis of interview findings.

Learning from CBES: Recommendations
This report outlines proposed recommendations for Central Banks and Supervisors, Financial Institutions, Government, Professional Bodies and Research and Technical Institutions that emerged from the CGFI study “Learning from the 2021/22 Climate Biennial Exploratory Scenario (CBES) Exercise”. This report is a CGFI publication which does not represent the views of research partners including the UK Climate Financial Risk Forum.

Learning from CBES: Banking Consultation Workshop
This document provides a summary of the discussions at the Insurance workshop on January 16th 2023 for the project: “Learning from the 2021/22 Climate Biennial Exploratory Scenario (CBES) Exercise”. It should be read alongside the survey report and the recommendations report.

Learning from CBES: Insurer Consultation Workshop
This document provides a summary of the discussions at the Insurance workshop on January 16th 2023 for the project: “Learning from the 2021/22 Climate Biennial Exploratory Scenario (CBES) Exercise”. It should be read alongside the survey report and the recommendations report.

State and Trends of Spatial Finance 2023
This report is the Spatial Finance Initiative’s second overview report of spatial finance solutions and trends. It provides an update of both technical and market developments since the 2021 report, a deep dive into three application areas with significant growth potential, and an overview of trends that will shape the future of spatial finance.