MAS and BIS launch blueprint for climate risk data platform

The platform integrates regulatory and climate data from corporate disclosure documents.

The Monetary Authority of Singapore (MAS) and the Bank for International Settlements (BIS) developed a blueprint for a platform integrating regulatory and climate data to aid financial authorities in identifying, monitoring, and managing climate risks in the financial system.

The blueprint, “Project Viridis,” outlines essential features and metrics for a climate risk platform, incorporating data on financed emissions, exposure to physical risks, and forward-looking assessments across various climate scenarios.

Project Viridis illustrates regulatory data integration with climate data extracted from corporate disclosure documents using natural language processing techniques.

The integration enables authorities to gain insights into financial risks related to climate change, assisting them in forming an initial assessment of financial institutions’ risk exposures and identifying areas that may require further risk evaluation.

Follow the link for more news on

MAS

sustainable financing

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit