Study: Financial sector climate scenario models 'significantly underestimate' risk

clock • 3 min read
Credit: iStock
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Credit: iStock

Gaps in climate risk modelling in financial services sector could lead to 'complacency, heightened risk and missed opportunities', figures warn

Climate scenario models used in financial services "significantly underestimate" risk, fresh research by the Institute and Faculty of Actuaries (IFoA) and the University of Exeter has found. Published...

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