Refer to the IFRS Foundation document, Effects of climate-related matters on financial statements that was released in November 2020 and answer the following:

1. Explain the disclosure requirements that the following IFRS Standards may require companies to make with regards to the effects of climate-related matters a. IAS 1 Presentation of Financial Statements; b. IAS 2 Inventories; c. IAS 12 Income taxes; d. IAS 16 Property, plant and equipment; e. IAS 38 Intangible assets; f. IAS 36 Impairment of assets; g. IAS 37 Provisions, Contingent Liabilities and Contingent Assets; h. IFRS 7 Financial Instruments: Disclosures; i. IFRS 9 Financial Instruments; j. IFRS 13 Fair Value Measurement; and k. IFRS 17 Insurance contracts; and
2. Explain the purpose of these disclosure requirements from the perspective of the fundamental qualitative characteristics of financial information, relevance and representational faithfulness.