Archive

• NY Fed: US bank transition risk exposure 'meaningful, but manageable'

  11 April 2023

  Research by the New York Federal Reserve said that US banks have a "meaningful" but "not very large" exposure to climate transition risk in their loan portfolios, with even the most severe scenarios impacting no more than 16% of their loan books.

• New York Fed climate stress test demonstrates 'substantial' risk for banks

  28 September 2021

  Researchers at the Federal Reserve Bank of New York have published a transition risk-focused climate stress test metric for banks, which demonstrated climate risk was "economically substantial" for some lenders during the 2020 energy crisis.