Climate Risk
Regulatory orthodoxy and the hunt for climate risk differentials
Prudential frameworks are ill-suited to weighing the relative risks of green and non-green assets Bankers are floundering in their search for climate risk differentials —…
Weekly round-up: May 30 – June 3
The top five climate risk stories this week 1) DWS Group chief resigns after greenwashing raid The head of global asset manager DWS Group said…
Weekly round-up: May 23-27
The top five climate risk stories this week 1) Climate risks could slash UK bank profits — BoE UK financial institutions could see their annual…
Reflections on the BoE’s climate stress test
The Climate Biennial Exploratory Scenario exercise is over. But the debate over what the results mean for banks, supervisors, and the UK financial system has…
Weekly round-up: May 16-20
The top five climate risk stories this week 1) Green capital adjustments lack supporting data — NGFS There is scant evidence to justify “green supporting”…
Here’s how to run asset-level climate physical risk assessments
A recent academic paper proposes a five-step methodology for measuring how climate impacts to physical assets can inflict losses on financial institutions Climate physical risks…
Weekly round-up: May 9-13
The top five climate risk stories this week 1) UK consults on transition plans for companies A UK taskforce launched a consultation Wednesday on a…
Why the EU’s systemic buffer isn’t fit to tackle bank climate risks
European financial authorities are talking up the potential of the systemic risk buffer to capture physical and transition risks, but the tool has its shortcomings…
Weekly round-up: May 2-6
The top five climate risk stories this week 1) Wells Fargo sets portfolio emissions targets Wells Fargo published 2030 portfolio emissions targets on Wednesday, the last…
Managing Climate Risks for Credit Unions
As climate change continues to impact the world, there is a growing recognition that physical and transition risks threaten credit unions and the wider financial…