Summary of the Result of the International Roundtable on Understanding Credibility of Transition Plan

Here is a summary of the provided document:

Summary:

The Financial Services Agency (FSA) of Japan held an international roundtable on November 6 and 10, 2023, to promote better understanding of financial supervisors on the credibility of transition plans for financial institutions to achieve net-zero or low-carbon goals. The roundtable aimed to prevent greenwashing and addressed the relationship between transition planning/plans and risks and opportunities of financial institutions. The event featured presentations by third-party evaluation providers and researchers on the evaluation methodologies for transition plans and their progress toward climate goals. The discussions focused on what supervisory authorities should focus on when assessing transition plans, the credibility of financial institutions' transition planning/plans, and greenwashing concerns.

Let me know if you'd like me to help with anything else!