Assessing and disclosing climate-related financial risk
Physical climate risk has emerged as a prominent threat to the financial sector and the global economy. Understanding investments exposure to risk from climate hazards is a critical step toward building resilience.
The Bank of Canada began disclosing climate-related risks to its operations and balance sheet this week – a move intended to inspire other financial institutions to raise their game on climate-related disclosure.
Climate change has many catastrophic consequences, including droughts, floods, wildfires, heat waves, rising sea levels and biodiversity loss. These all have adverse implications for social cohesion, economic development and financial stability.
The Bank of England (Bank) has published the results of the Climate Biennial Exploratory Scenario to explore the financial risks posed by climate change for the largest UK banks and insurers (participants).
This paper discusses how banks can prepare for future technological innovations, with a focus on the post-trade process where we see most of the ongoing and planned activities taking place. It also presents an outlook into the coming years and
This report discusses how under all possible scenarios, climate-related risks will have consequences for the economic outlook, for the financial system in which central banks operate and, thus, for the conduct of monetary policy. The timing and severity
The Central Banks and Supervisors Network for Greening the Financial System
Banque de France