Erkki Liikanen at COP28: Speech on progress & priorities to advance global sustainability disclosure

Chair of the IFRS Foundation Trustees, Erkki Liikanen addressed COP28 to reflect on progress since the IFRS Foundation announced the decision to establish the ISSB at COP26.
Mr Liikanen confirmed three further commitments as below in the IFRS Foundation’s efforts to support efficient and resilient capital markets through robust sustainability-related financial disclosures:
  • Implementing ISSB’s capacity building programme so that developing and emerging jurisdictions are better placed to adopt and use the ISSB’s Standards. 
  • Advancing jurisdictional adoption of the ISSB’s Standards through bilateral dialogues with governments and regulators.
  • Advancing new standard-setting initiatives to build out the global baseline of sustainability-related disclosures following feedback to the recent consultation on the ISSB’s future agenda.
The full transcript of the speech may be accessed here.