At its March 2024 meeting, the IFRS Interpretations Committee (Committee) concluded its discussions on the agenda decision. In accordance with paragraph 8.7 of the IFRS Foundation’s Due Process Handbook, the International Accounting Standards Board will consider this agenda decision at its April 2024 meeting.
The Committee considered feedback on the tentative agenda decision published in the November 2023 IFRIC Update about how IAS 37 Provisions, Contingent Liabilities and Contingent Assets applies to commitments an entity makes to reduce or offset its future greenhouse gas emissions.
The Committee concluded its discussions on that agenda decision. In accordance with paragraph 8.7 of the IFRS Foundation’s Due Process Handbook, the International Accounting Standards Board (IASB) will consider this agenda decision at its April 2024 meeting. If the IASB does not object to the agenda decision, it will be published in April 2024 in an addendum to this IFRIC Update.
Agenda Decision
International Accounting Standards Board April 2024