The Central Bank of Kenya (CBK) has released the draft Climate Risk Disclosure Framework for the Banking Sector for public consultation. The draft Climate Risk Disclosure Framework is intended to serve as a tool to enable commercial banks to gather and disclose climate-related information consistently and comparably, provide investors with insights to assess financial impacts, and identify investments positioned for a low-carbon transition, while increasing transparency for the public and fostering accountability for sustainable practices within the financial sector. Read more…