Archive

  • Supervising an orderly transition

    21 January 2019

    Why is the Bank of England increasingly focusing on climate change? Sarah Breeden explains its approach to Peter Cripps

  • IIGCC publishes climate scenario analysis guide

    22 November 2018

    Investors who use scenario analysis will be better equipped to respond to early warning signs, such as a rising carbon price, and take more informed investment decisions as the low-carbon transition evolves.

  • Central banks make rallying cry for swift action on climate risk

    15 October 2018

    The financial risks presented by climate change are “system-wide and potentially irreversible… and [these] risks call for action in the short-term to reduce impact in the long-term”, a group of some of the world’s most influential central banks and supervisors has warned.

  • Carney launches Climate Financial Risk Forum

    28 September 2018

    The UK's Prudential Regulation Authority (PRA) is to step up its oversight of climate change after a survey revealed that only 10% of banks are treating the issue as a strategic risk.

  • Banque de France and I4CE form climate finance partnership

    23 July 2018

    The Banque de France and the Institute for Climate Economics (I4CE) are forming a partnership to exchange expertise and increase the financial sector's awareness of climate risks and opportunities.

  • Steering group for Green Finance Institute announced

    16 July 2018

    A steering group has been assembled to guide the launch of the UK's Green Finance Institute.

  • Investors offered tool to model low-carbon transition risk

    08 June 2018

    A modelling tool to help investors and regulators assess how the transition to a low-carbon economy will impact the financial performance of infrastructure investments, has been launched by the ClimateWise Insurance Advisory Council.

  • Make climate risk reporting mandatory by 2022, says UK parliamentary committee

    04 June 2018

    Asset owners and large companies based in the UK should be forced to report their exposure to climate-related risk within four years, the country's government has been told.

  • New report aims to help companies disclose physical climate risks

    01 June 2018

    The disclosure of physical climate risks has received less attention than reporting transition climate risks, it was claimed at the launch of a report that aims to help redress the balance.

  • People moves: Montanaro Asset Management, UNEP Finance Initiative, Beyond Ratings and Lekela

    18 May 2018

    Montanaro Asset Management has set up an advisory committee for its Better World Fund, to be chaired by Michael Sheren, senior advisor within the Bank of England's Prudential Regulation Authority.