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What next for climate scenarios? Part two
16 October 2023How will the next generation of climate scenarios differ from the first, Michael Hurley asks
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What next for climate scenarios?
12 October 2023As criticisms grow of the first climate scenario models, what does the next generation need to look like, Michael Hurley asks
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'We are aware of the criticism': The NGFS on its next phase of scenarios
09 October 2023The Network for Greening the Financial System is developing short-term climate scenarios and increased detail on sectoral impacts in response to feedback, Jean Boissinot and Martina Spaggiari tell Michael Hurley
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NGFS unveils 'short-term' climate scenarios for prudential stress testing
04 October 2023A group of central bankers has published a framework for modelling physical and transition climate-related risks over three-to-five years, to be used for prudential stress testing and to "enable financial actors to properly assess the resilience of the financial sector".
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ECB: Gender-diverse banks lend less to 'browner' companies
11 October 2022European banks with a high share of female directors are less likely to lend to high-polluting firms, according to a study by the European Central Bank (ECB).