RBI's climate risk repository RB-CRIS in final stages; physical risk module expected in coming months
Economic Times 2 hrs ago·9 Aug 2026, 7:33 pm
The Reserve Bank of India (RBI) is close to completing its climate risk repository, known as RB-CRIS. This repository aims to help banks and companies assess the financial risks associated with climate change.
The first phase of the repository will focus on physical risks such as natural disasters, with transition risks to be added later. This is a complex task, as it requires translating climate data into financial risk, which is still a developing area for many banks and companies.
Investors should watch for the launch of the physical risk module in the coming months, as it may provide valuable insights into the climate-related risks faced by companies and the broader market.
Excerpt from Economic Times
Updated On Aug 10, 2026 at 01:19 AM IST Nearly two years after announcing the Reserve Bank-Climate Risk Information System ( RB-CRIS ), the Reserve Bank of India is nearing operationalisation of the first phase of the climate data repository , with the physical risk module expected to be rolled out before the more…Read the original at Economic Times
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