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Climate-related financial disclosures in the public sector

Expectations for the Task Force on Climate-related Financial Disclosure’s framework to drive climate action in the private sector are high, and there is growing interest in its relevance for guiding public sector climate action. However, consideration of the framework’s limitations is critical prior to public sector application.

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Fig. 1: Prerequisites of TCFD catalysation of market discipline and internal management.


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We thank the Queensland State Government for their financial support of this work.

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Correspondence to Ian Edwards.

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K.Y. has contributed to this commentary in her own capacity, and any views expressed in this Comment are her own and not those of Ernst & Young. K.Y. is an employee of Ernst & Young who provides climate and sustainability services to public and private sector entities, including in relation to climate risk disclosure.

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Edwards, I., Yapp, K., Mackay, S. et al. Climate-related financial disclosures in the public sector. Nat. Clim. Chang. 10, 588–591 (2020).

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