Central Bank unveils climate scenarios for scaled-back 'exploratory exercise' to test financial system's readiness for physical and transitional risks
The Bank of England today kicked off its long-awaited 'stress-test' of the UK financial system to assess the risks posed by climate change, in an exercise designed to help major banks and insurers better...
To continue reading this article...
Join BusinessGreen
In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
- Receive important and breaking news stories via our daily news alert
- Our weekly newsletter with the best of the week’s green business news and analysis