Updates from around the world dealing with regulatory requirements, climate change, events and more.
The recent years have gotten us used to news about climate change-related extreme weather events. Unfortunately, this year is no different – only its first half saw some of the worst destructions of assets to date.
Where should they be reflected in regulatory capital frameworks? How might systemic policies complement banks’ own risk management and supervision?
This year’s COP27 climate summit has drawn to a frantic close! It has been a COP full of criticism, outcry, and hope but what did it all mean for industry professionals?
In the face of mounting risks across the globe, COP27 is looking beyond mitigation and paying attention to adaptation action. But why should we look beyond mitigation?
COP27 aims to level up and enable intergovernmental commitments, public, and private funding to advance the implementation of targets.
With climate change causing macroeconomic implications relevant for monetary policymakers, what does the Bank of England have to say on the subject in its recent contribution?
Although banks improved their climate risk management processes, Sam Woods' letter expresses the need to deliver more effective climate risk strategies.
With COP27 - one of the biggest climate conferences - now around the corner in November, will global leaders deliver the necessary action to build the levels of climate resilience and adaptation required?
The NGFS laid out its policy recommendations to improve the availability, quality and comparability of climate-related data. We explore their suggestions and the reasoning behind them.
Like several financial regulators across the world, the US Federal Reserve is increasing its efforts to gauge climate risks for banks with climate scenario analysis.
Banks are failing to meet ECB’s climate risk standards. How can they improve their risk management practices to meet the ECB’s 2024 targets?
Climate X is listed in the ESGFinTech100 list and named as one of the world’s most innovative ESG tech companies that every financial institution needs to know about in 2022.
Several institutions recognise the barriers facing businesses in adapting to climate change, and they must increase their velocity to adjust and prepare for the challenges ahead.
