World Bank and IFRS Foundation’s partnership to support adoption of ISSB standards
World Bank and IFRS Foundation’s partnership to support adoption of ISSB standards
The World Bank Group and the IFRS Foundation plan to expand the coverage of their existing memorandums of understanding to support the adoption of International Sustainability Standards Board (ISSB) standards in emerging markets and developing economies. This will be done with due focus on proportionality.
The World Bank has also announced about looking into aligning its own climate and sustainability-related financial disclosures with the ISSB standards, taking into account the unique business models of its International Bank for Reconstruction and Development and its International Development Association.
Access to more information is available in the press release.
The World Bank has also announced about looking into aligning its own climate and sustainability-related financial disclosures with the ISSB standards, taking into account the unique business models of its International Bank for Reconstruction and Development and its International Development Association.
Access to more information is available in the press release.