This was the fifth webinar of the series on the revised Core Principles for effective banking supervision. The panel discussed the inclusion of climate risk in the updated Core Principles and highlight why both banks and supervisors should adopt flexible practices to address the evolving nature of climate risks.Panelists:Elsie Addo Awadzi, Deputy Governor, Bank of Ghana; Board Member, Toronto CentreShahin Mahmudzade, Executive Director, Central Bank of the Republic of AzerbaijanModerator:Jean Pesme, Global Director, Finance, Competitiveness & Innovation, World Bank; Board Member, Toronto CentreView their biographies here (https://torcentre.sharepoint.com/:b:/s/Files/Ed_3wRi5aalNnYQz0s0yvngBKdeNNtKNtRPbptaUD0ZRxA?e=WZkTNy).https://www.torontocentre.org/ (https://www.torontocentre.org/)