Climate change may give rise to considerable future loses for banking institutions, says BIS

Peter WalshClimate RiskLeave a Comment

climate change future loses for banking

The Bank of International Settlements (BIS) whose mission is to support central banks’ pursuit of financial stability through international cooperation has published two reports on climate-related financial risks. The two reports discuss transmission channels of climate-related risks to the banking system, and the measurement methodologies of climate-related financial risks. Climate risk drivers can be captured in traditional financial risk categories, … Read More