In partnership with global management consultancy Oliver Wyman, the Association for Financial Markets in Europe (AFME) has published a report discussing the progress of EU banks around climate risk ...

The European Banking Authority (EBA) has published its draft methodology, templates and guidance for the 2027 EU-wide stress test, introducing major changes aimed at simplifying data requirements and ...

Extreme weather has always meant extreme risks for businesses and investors. Yet climate change has varied the calculus, and many businesses are facing new, potentially existential risks as the world ...

The Federal Reserve is dialing back the regulatory burden on major U.S. banks, ending its climate stress test program and rolling out a 2025 stress test scenario that analysts see as more favorable ...

Several Democrat presidential contenders say they want the federal government to require periodic “stress tests” on large banks to ensure they can handle potential economic shocks from climate change.

South Africa’s central bank plans to expand its examination of climate risk to the insurance industry, as it seeks to anticipate threats that can do far-reaching economic harm. “This year we put out ...

LONDON, July 15 (Reuters) - A stress test of five of Africa's banking systems has found some lenders in the region could face collapse if nature loss slashes the profits of agriculture and forestry ...

Olive oil producers are improving irrigation and seeking new varieties of olives to safeguard production as climate change upends harvests, causing prices of the staple of the Mediterranean diet to ...

For more than a decade US insurance regulators have required certain insurers to file climate risk disclosure reports. In recent years, financial regulators in Europe have begun climate change ...

Faced with the uncertainties surrounding climate change, policymakers and investors need to know what can happen and how likely these outcomes may be. Unfortunately, current scenarios answer only the ...