Principles for Responsible Banking Guidance on Climate Adaptation Target Setting

This is a guidance document that can assist banks and bankers in setting climate adaptation targets and integrating them into transition plans. It also offers a step-by-step process to support banks in better understanding climate risks and opportunities for aligning with national priorities and start developing adaptation strategies and financing solutions to support their clients. This guidance document is to be considered alongside banks' own obligations to comply with their regulatory and/or supervisory requirements, including disclosure standards (such as TCFD and ISSB) on physical climate risk assessment and management.