RBI-CRIS: RBI’s Climate Risk Information System Launched
Why in the news
The Reserve Bank of India set up RBI-CRIS, a data platform helping lenders judge risks from climate change.
Key facts
| Component | Access | Content |
|---|---|---|
| Public Directory | Open, web-based | Geospatial and meteorological data sources |
| Restricted Data Portal | Regulated entities only | Processed, standardised datasets for climate risk modelling |
Significance
- Fills data gaps on climate vulnerability and exposure.
- Enables banks and NBFCs to run climate scenario analysis.
- Reinforces sustainable finance and risk-based supervision, including credit appraisal and capital adequacy planning.
Exam angle
- Expansion: RBI-Climate Risk Information System.
- Two components: public directory and restricted portal.