Event: Greening Financial Systems and the Role of Multilateral Development Banks Interview with Lyn Javier of Bangko Sentral ng Pilipinas 17 May 2023 Author / Speaker Lyn Javier Climate change exposes economies to physical and transition risks to the soundness of their financial institutions and the stability of their overall financial systems. Governments, financial markets, and financial institutions need financial resources, instruments, and skills to forestall these risks- threatening economic resilience and competitiveness. This session focused on these topics: Assessing climate financial risk in the finance sector Setting supervisory expectations for climate risk management in the finance sector Micro- and macroprudential options for supervisors Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Topics Climate Change Finance Governance and Public Sector Management