BIS: Basel Committee Publishes Analytical Reports On Climate-Related Financial Risks
BIS: Basel Committee Publishes Analytical Reports On Climate-Related Financial Risks Date 14/04/2021 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, but additional progress is needed to better estimate these risks. The reports provide a conceptual foundation for the Basel Committee's next phase of work to identify potential gaps in the Basel Framework and consider measures to address them. The Ba...
Source: mondovisione.com