ECB stress test shows most euro zone banks don't include climate risk in their credit models - CNBC

7/8/2022 12:00:00 AM2 years 9 months ago
by Sam Meredith
by Sam Meredith
In a report published Friday, the European Central Bank said the findings reaffirm the view that banks must sharpen their focus on climate risk.
The results of the European Central Bank's first climate risk stress test show that most euro zone banks do not sufficiently incorporate climate risk into their stress-testing frameworks and internal… [+3094 chars]
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