Departure clears the way for Republicans to name new top regulator
Transition risks alone not severe, but macro shocks could amplify threat to financial system
Corporate spending expectations up significantly from previous forecast
Policy work has made progress, but slow adoption leaves system vulnerable
Regulator issues report with recommendations for building safe, sound markets
Lack of standards inhibits consistent, comparable disclosure, regulators find
Few companies fully reporting voluntarily, mandatory standards scarce
Global issuance still on track to meet US$950 billion full-year forecast
Regulators' reviews lead to more enforcement, refiling action
Large companies, financial institutions to start climate-related financial disclosures in 2025