
UK is Stress-Testing Banks for Climate Risk; All Nations Should
A week before Christmas, the Governor of the Bank of England, Mark Carney, wrote in the Financial Times that the UK is now stress-testing banks for climate risk and resilience. Specifically, he writes: Modelling for the full extent of climate-related financial risk is complex and challenging. Britain can lead the way next year, when we and Italy host COP26 climate negotiations in Glasgow. This critical … Continue reading UK is Stress-Testing Banks for Climate Risk; All Nations Should
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