More than a third of banks still do not quantitatively assess the impact of climate risk on credit portfolios, the findings of Risk.net ’s Climate Risk Benchmarking study show, despite some ...

Climate change should still factor into banks' risk frameworks, credit analysts say, despite bank regulators' recent pullback of climate-related guidance. Processing Content Financial losses at banks ...

WASHINGTON, March 31 (Reuters) - The U.S. Treasury Department's Office of the Comptroller of the Currency withdrew principles providing guidance to banks for climate-related financial risk, the ...

Federal regulators' plan to dial back supervision of community banks is coming at a dangerous time, writes Elyse Schupak, of Public Citizen. Next year, the Office of the Comptroller of the Currency ...

U.S. banking regulators have dropped Biden-era rules requiring banks to disclose how they manage climate-related financial risks, the Federal Reserve said on Thursday. Regulators implemented rules two ...

Climate change should be considered a new core aspect of creditworthiness when prospective home buyers apply for a mortgage, a new report suggests. The analysis from the climate risk financial ...

This study investigates carbon pricing-induced credit risk, the potential negative impact of carbon pricing on firms’ ability to meet their financial obligations. Applying a well-established credit ...

Nations that pollute the least are among the most vulnerable to disasters and face the highest barriers to the financing they need to protect themselves. As climate impacts worsen, already towering ...

India's central bank to mandate climate risk disclosures by fiscal year 2027-28 Banks to conduct stress tests for climate impact on borrowers RBI's move follows India's draft framework for ...