The methodology will help banks implement the recommendations of the Financial Stability Board Task Force on Climate-related Financial Disclosures, which aims to develop consistent voluntary climate-related financial risk disclosures for companies to use in providing information to investors, lenders, insurers and other stakeholders. UNEP Executive Director Erik Solheim said that financial markets can become a catalyst for action on sustainability, and that the TCFD framework encourages organizations to disclose long-term impacts.