The Superintendency of Banks of the Dominican Republic hosted a panel on how climate change and extreme weather affect productive sectors, the economy and financial stability. The discussion emphasized incorporating sustainability criteria into risk management and developing strategies to strengthen resilience to climate related risks. Meteorological analyst Jean Suriel outlined the economic and financial effects of extreme weather, while Dawilvi Peña, head of the Superintendency’s Environmental and Social Risks Division, highlighted its implementation of the Environmental and Social Risk Management System as a standardized tool for addressing the country’s climate exposure. The event follows the supervisor’s recent nonbinding guidance to help financial intermediaries integrate environmental and social risks into governance, due diligence and credit processes.
2026-09-23Superintencencia de Bancos de la Republica Dominicana
Superintendency of Banks of the Dominican Republic highlights climate impacts and environmental and social risk management
The Superintendency of Banks of the Dominican Republic hosted a panel on the effects of climate change and extreme weather on the economy and financial system. It highlighted the use of its Environmental and Social Risk Management System as a standardized tool for addressing climate exposure and integrating sustainability into risk management.