Developed in partnership with the Official Monetary and Financial Institutions Forum (OMFIF) the online tool provides an overview of how different countries are mitigating climate risks in their financial sector.

The tool includes an interactive map that covers an initial 22 countries and jurisdictions with the tracker covering 14 areas related to finance policy.

These include regulatory and supervisory measures, climate stress testing activity, sustainable taxonomies, climate-related disclosures, and green bond issuance.

Featuring a country directory, the tool allows users to select a country and view a summary of its policies and activities related to sustainable finance.

The audit, tax, and advisory firm state that the online tool is intended to be the ‘go-to’ resource for stakeholders interested in monitoring the activities of central banks and regulators on sustainability.

Rudi Lang, partner, and global financial services leader, Mazars said: ‘We are proud to partner with OMFIF in the development of the Sustainable finance policy tracker. This online tool, featuring an interactive map, can be used as a key source of information for financial institutions to monitor the activities of central banks and regulators on sustainability, including bridging data gaps and improving global understanding of what different authorities are doing.

‘At Mazars, we strive to help our clients put sustainability at the centre of their business. This tracker will help us and others do just that.’

The launch of Mazar’s tracker coincided with the Official Monetary and Financial Institutions Forum’s inaugural Sustainable Policy Institute Symposium which took place on the 29-30 September 2012.

The two-day event brought together a global network of key policy-makers, regulators, public and private sector investors, and ESG experts to cover the role of monetary policy, regulation, and disclosure as well as address key practical challenges in driving greener financial markets to achieve net-zero.