All posts tagged "scenario analysis"
-
93FeatureNGFS Updates Climate Scenarios With More Data
If the transition fails, 13% of global GDP would be at risk by the end of the century, even before accounting for severe weather events.
June 10, 2021 -
138Australia & NZAPRA Invites Tenders to Help Model Physical Climate Risk
APRA is seeking physical climate risk modelling capabilities to support the delivery of climate scenario analysis data to banks participating in the CVA project.
May 31, 2021 -
152InternationalIAIS Offers Supervisory Guidance on Climate Risk in Insurance Sector
New paper sets out recommendations to promote a globally consistent approach to the supervision of climate-related risks in the insurance sector.
May 26, 2021 -
82EuropeEBA Publishes Results of Pilot Exercise on Climate Risk
The first gauge of the EU aggregated green asset ratio was estimated at 7.9%. Over half of banks’ overall exposures are to sectors that might be sensitive to transition risk.
May 26, 2021 -
223JapanJapan FSA to Issue Climate Risk Guidelines for Banks
Financial institutions will be expected to incentivise borrowers to decarbonise through loan terms and preferential interest rates.
April 29, 2021 -
1.8KAustralia & NZ
APRA Issues Draft Guidance on Climate-related Financial Risk
The consultation says institutions and boards may face liability risks if they do not adequately consider or respond to the impacts of climate change.
April 23, 2021 -
865International
Regulators Should Require FIs to Consider Climate Risk: NGFS
Climate risks may be underestimated due to a lack of internal scenario analysis by financial institutions, the NGFS warns in a new report.
April 1, 2021 -
183Feature
BOJ, FSA Highlight Ongoing Initiatives to Address Climate Risk
Bank examinations will include assessments of efforts to address climate-related risks, and work is underway to identify possible approaches to climate-related scenario analysis.
March 31, 2021 -
277Securities & TradingCFTC Establishes New Dedicated Unit for Climate Risk
Other US financial regulators including the SEC, Treasury Department and Federal Reserve have also recently raised climate risk and a key focus.
March 19, 2021 -
261MalaysiaBNM Revises Guidance on Operational Risk Reporting
The revisions enhance the granularity of reporting requirements and align definitions with the FSB’s cyber lexicon.
March 4, 2021
