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 ...
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 ...
7don MSNOpinion
This summer’s heat is a live stress test for data centers—here’s what it’s revealing in real time
Almost 80% of global data centers face some form of climate risk, and it could cost developers trillions in the coming ...
Industry Insight from Ethical Corporation Magazine, a part of Thomson Reuters. April 18 - It’s remarkable how the environment and geo-politics have interacted over the past few years to make 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 ...
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 ...
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 ...
The Federal Reserve publicized the results of its climate stress test pilot program Thursday and found that the biggest banks could face higher loan defaults on commercial real estate and residential ...
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 ...
Renowned economist Peter Schiff expressed criticism of the Federal Reserve’s recent bank stress tests, highlighting the lack of preparation for a potential stagflation scenario. What Happened: On ...
For bank lobbyists advocating for lower capital, the stress test results appear to validate that banks have more capital than ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results