Few Banks Carry the Majority of Europe’s Increasing Climate Risk: ECB
For banks and insurers, the ECB argues that better loss and climate modeling is needed to prepare for the crisis.
For banks and insurers, the ECB argues that better loss and climate modeling is needed to prepare for the crisis.
UK banks like Barclays and NatWest will take part, along with insurers Aviva and AIG.
A new report says that banks are better at short-term climate call than the long-term threats.