Climate Stress Testing Methodologies: Current Practices, Challenges, and the Road Ahead – a report by the United Nations Environment Programme Finance Initiative (UNEP FI) and data and AI leader SAS – ...

The Federal Reserve told six major U.S. banks they won't need to submit results from climate stress tests this year as the program was shut, according to a media report. The move comes after the Fed ...

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.

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 ...

Supervisors attending this year’s meeting of the Institute of International Finance were at pains to show they would not be rushing to impose capital penalties on banks based on climate stress tests.

The Technical Assistance (TA) mission, conducted in Victoria, Seychelles, from May 2 to 17, 2023, assisted authorities with macroprudential stress testing and climate risk analysis. The stress testing ...

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 ...

This paper presents a technical note on bank stress testing and climate risks analysis in Maldives. Although the Maldives’ economy has rebounded strongly from the pandemic-induced contraction, macro ...

Press releases are posted on Independent.com as a free community service. SACRAMENTO, Calif. — A new analysis reveals that insurance companies could face billions of dollars in losses if they stay on ...

Current political and economic issues succinctly explained. Alice C. Hill is the David M. Rubenstein senior fellow for energy and the environment at the Council on Foreign Relations (CFR). Angus ...