Climate risk
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Business
The ECB rejects the euro area: unprepared for climate risk
A new report by the European Central Bank and the European Systemic Risk Board points out that a climate shock…
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Business
The ECB’s climate risk stress test: banks systematically underestimate risk
The test of the Frankfurt-based institution shows that 6 out of 10 banks have no internal framework to assess climate…
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Environment
If we respect the 1.5 degrees, the climate risk drops by 44%
The research team used 21 alternative climate models to simulate regional climate change models corresponding to a warming of 2°C…
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Business
Banks, a global guide to managing climate risk
Basel Committee’s 15-page document suggests changes that credit institutions should make to risk management, decision-making processes and their monitoring to…
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