Riding the storm: banking in the era of climate risk

Climate-related risk is playing an increasing role in banks’ future strategies, resilience and prosperity.

On one hand, banks are subject to a growing raft of financial regulations and policies that dictate how they should monitor and manage the financial risks of climate change.

On the other, banks and their counterparties are directly exposed to the physical risks associated with climate change, such as extreme weather, rising sea levels and prolonged droughts.

Including comment from leading exponents, this Risk.net white paper explores how banks are embedding climate analysis into enterprise risk frameworks and financial decision-making to address the challenges of today and tomorrow.