Feb 26, 2021
When it comes to setting out the financial system’s response to climate change and the related risks, it is clear that financial regulation will have a key role to play.
Over the past year, we’ve seen supervisors setting out their expectations for climate risk management, with a number undertaking stress testing or...
Feb 4, 2021
The physical effects of climate change - rising global sea levels and temperature, to extreme weather events - are creating or exacerbating numerous risks.
Whilst physical risks are generating a significant amount of uncertainty for business and finance, the most direct impact of physical risk is the damage of physical...