The IPSASB saw a record number of comments on the IPSASB SRS ED 1, Climate-related Disclosures. Following the approval of IPSASB SRS 1, Climate-related Disclosures, focusing on the disclosure of climate-related risks and opportunities in a public sector entity’s day-to-day activities, Phase 2 of the project will develop a separate standard on disclosing climate-related outcomes of public policies.