Archive

  • Underestimating climate risks could threaten banking system, says Federal Reserve

    06 January 2023

    "Much work lies ahead" for large banks on measuring climate risk and Scope 3 emissions, with inadequate assessment of climate risks posing a potential threat to the banking system,...

  • Federal Reserve preparing climate risk framework

    06 December 2022

    The US Federal Reserve Board has called for feedback on a framework to help large banks manage physical and transition climate-related risks.