Tag Archives: Scenarios

The Fed’s Climate Complacency

The US Federal Reserve’s new pilot climate scenario exercise for major US banks is likely to understate both the risks and opportunities of tackling climate change. The US Federal Reserve is being dangerously complacent about climate change. It understandably does … Continue reading

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Climate – The Sting is in the Tails

Why increasing volatility in the weather has more immediate impact than global warming Scientists have long warned that climate change will adversely affect weather patterns and living conditions around the world. These warnings are turning into a painful reality. Worse, … Continue reading

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Climate Shock: time for more stressful tests on banks

There is no doubt that the central banks, supervisors and regulators recognise the urgency of climate change. This is why they are conducting stress tests on the financial risks that it poses to the banks and other financial institutions. Sadly, … Continue reading

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