Indonesia Financial Services Authority (OJK) launched the 2026 Banking Climate Risk Management and Scenario Analysis Guideline to strengthen banking resilience against climate risk.
The guideline refines the CRMS previously released in 2024, taking methodology development, data availability, climate policy dynamics, and lessons from CRMS implementation by the banking industry. This initiative reflects OJK's commitment to promoting a more integrated, measured, and forward-looking approach to climate risk management.
The 2026 Banking CRMS Guideline consists of seven interrelated books, covering the optimization of the general framework for climate risk management, technical methodologies for measuring risk impacts, emissions methodology and calculators, updated macroeconomic assumptions and scenarios, physical risk data provision, reporting templates, and the development of a Standardized Approach. The refinement is expected to enhance the consistency and quality of CRMS implementation, as well as to provide a more proportional approach for Banks in accordance with their respective characteristics, scales, business complexity, and level of readiness.
The 2026 Banking CRMS aims to promote climate risk analysis to proceed beyond measurement and reporting process, integrated more into banking governance, business strategies, risk management, target measurement and determination, and disclosure. With better understanding on risks, Banks are expected to improve business model resilience, decision-making quality, and to identify risks and opportunities emerging in the economic transformation processes.
Going forward, OJK will continue to develop the climate risk management framework in a gradual and proportionate manner, taking into consideration developments in international practices and the characteristics of the national economy. The 2026 Banking CRMS implementation expects the banking industry to not only become prepared in facing climate changes risks, but also to become a strategic partner for the real sector in the transformation toward a more competitive, resilient, and sustainable economy.
For more information, please contact:
Mr. Nuki Suprayitno (nuki.suprayitno@ojk.go.id)
Ms. Silvia Adhiarahmawati (silvia.adhia@ojk.go.id)
Download the 2026 Climate Risk Management and Scenario Analysis (CRMS) Banking Guideline on the attached file.
