Task Force on Climate-related Financial Disclosures (TCFD

• Development of an action plan to reduce the • Update and upgrade of the action plan to reduce carbon footprint of the CEB’s internal operations the carbon footprint of the CEB’s internal in the coming years. [...] the Governing Board, establishes and supervises operational policies, including those for environmental The Auditing Board, whose members are appointed by and social safeguards, loan and project financing and the Governing Board, checks the accuracy of the risk management, and approves requests for financing annual accounts and is entitled to examine the of investment projects submitted by the gov. [...] • Finance: working on integrating the dimensions of • The second line of defence consists of the risk sustainability and thematic investments in the supervision and control function in line with management of the CEB’s medium and long-term applicable policies and rules. [...] commitments in connection with sustainability and • As the third line of defence and last layer of control, climate (environmental and social safeguards) are the Internal Audit regularly assesses the adequacy consistent with the Bank’s legal framework and of the Bank’s policies, methods and procedures and adequately reflected in contractual instruments. [...] The CEB is enhance the climate resilience of vulnerable contributing to the international debate, and aims to populations and support communities’ responses to make the concept of just transition operational and climate-related and other disasters, and to (ii) align its effective.