Dataset for the climate-related financial policy index (CRFPI)

Abstract

Data on the climate-related financial policy index (CRFPI) - comprising the global climate-related financial policies adopted globally and the bindingness of the policy - are provided in this paper for 74 countries from 2000 to 2020.The data include the index values from four statistical models used to calculate the composite index as described in [3]. The four alternative statistical approaches were designed to experiment with alternative weighting assumptions and illustrate how sensitive the proposed index is to changes in the steps followed to construct it.The index data shed light on countries’ engagement in climate-related financial planning and highlight policy gaps in relevant policy sectors. Researchers could use the data provided in this paper to study green financial policies further and compare countries, highlighting engagement in specific policy areas or the entire spectrum of climate-related finance policy. Moreover, the data might be used to investigate the relationship between green finance policy adoption and credit market changes and assess their effectiveness in managing credit and financial cycles in the face of climate risks.

Keywords

• Climate-related financial policies
• Climate risks
• Low-carbon transition
• Financial stability
• Composite index
• Green central banking