A growing drought risk to Brazil’s financial stability, a climate skills deficit among central bankers, a new initiative on data gaps and more from this week in green central banking.
A TNFD nature-related scenario analysis proposal, an IMF warning to Caribbean central banks, new ISSB climate disclosure rules, a BoE protest and more from this week in green central banking.
The NGFS chair on climate change supply shocks, the ECB’s Frank Elderson on the biodiversity risks threatening financial markets, an ISSB requirement for scope 3 emissions disclosure and more from this week in green central banking.
WWF has published a framework to assess central banks and supervisors’ progress in integrating environmental and social issues into their oversight of the insurance sector. …
A top official at the Reserve Bank of Australia has warned that banks are unprepared for the climate risk facing the mortgage sector.
Climate-adjusted capital requirements could be applied to European insurers if lawmakers are successful in a bid to amend new legislation. …
An enhanced ECB system-wide climate stress testing framework shows that climate-related financial losses in a disorderly transition could be significantly amplified by the market reactions of banks, investment funds and insurers.
Climate-related risks could force millions of UK households to go without insurance, the Bank of England’s first climate stress test has revealed.
Banks look able to bear the losses resulting from climate change in part by passing them onto their customers, the Bank of England has reported following its first climate stress test.
Aviva has said it supports giving regulators a statutory duty to facilitate the financial sector’s alignment with net zero and to consider the importance of reversing nature loss.
UK authorities are pressing ahead with plans to overhaul the regulatory regime for insurers, in a bid to unlock billions of pounds of green investment. …
You have seen 11 of 11
By submitting my information I agree to the Privacy Policy and Terms of Service. Any questions? [email protected]
You have now been signed up to our newsletter with the email address provided:
Trending…