In Glasgow for COP26, the UN global summit to address the critical and urgent issue of climate change, the IFRS Foundation Trustees announce three significant developments to provide the global financial markets with high-quality disclosures on climate and other sustainability issues : 

- The formation of a new International Sustainability Standards Board(ISSB)

- The IFRS Foundation will complete consolidation of the Climate Disclosure Standards Board and the Value Reporting Foundation by June 2022

- The publication of prototype climate and general disclosure requirements developed by the Technical Readiness Working Group(TRWG)

Source : IFRS(https://www.ifrs.org/news-and-events/news/2021/11/ifrs-foundation-announces-issb-consolidation-with-cdsb-vrf-publication-of-prototypes/