PRUDENTIAL PRACTICE PRUDENTIAL GUIDE PRACTICE GUIDE
5. The financial risks of climate change, including the economic risks associated with domestic and international government, industry and community responses to a changing climate, are referred to in this guidance collectively as climate risks. Climate risks can be classified as physical climate risks, transition climate risks, and liability
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Climate Vulnerability Assessment
www.apra.gov.auexposures) of the assessment, climate scenarios, and the timeframe for the assessment. 1 CPG 229 was open for consultation from 22 April 2021 to 31 July 2021. The draft guidance will be reviewed in light of stakeholder feedback, and issued as final guidance before the end of 2021.
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