Indonesia · guidance

Climate Risk Management & Scenario Analysis (CRMS)

OJK supervisory framework (phased)

Phasing inApplies 2024-01-01Verified 2026-08-22

Scope

Banks, systemic first

Penalties

OJK prudential supervision

Last verified

2026-08-22

In plain language

What this law does

Dictionary termClimate riskThe potential for adverse consequences arising from the interaction of climate-related hazards, exposure, vulnerability and responses to climate change.Read the full definition integration, Dictionary termStress testingStress testing is the assessment of how an organisation, plan or asset may perform under severe but plausible adverse conditions.Read the full definition and scenario-analysis expectations rolling out across the banking sector.

Core obligations

Dictionary termClimate riskThe potential for adverse consequences arising from the interaction of climate-related hazards, exposure, vulnerability and responses to climate change.Read the full definition -management integration; scenario analysis submissions