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Japan to study 'financed emissions' in second climate scenario analysis of banks

The Bank of Japan (BoJ) and Financial Services Agency (FSA) are preparing to run a second climate scenario analysis of three major Japanese banks, which could include analysis of the banks' 'financed emissions'.

Bank of Japan warns of climate risk 'spillover' across industries from rise in carbon prices

Climate transition risks spurred by rising carbon prices could have damaging and widespread "spillover" effects across the Japanese economy - including to regional banks not substantially exposed to the worst-hit sectors, the Japanese central bank has warned.

Central banks 'right to support pricing of climate impacts', says Bank of Japan

Central banks should support financial institutions in accounting for the "negative externalities" of greenhouse gas emissions, including by providing finance to encourage the transition, according to the deputy governor of the Bank of Japan.

FSA flags issues with climate risk pilot

Financial institutions need to enhance the methodology behind pilot scenario analysis, Japan's Financial Services Agency (FSA) has said.

Japanese financial institutions at risk from floods

Increasing floods may put financial institutions in Japan at risk of worsening financial conditions, the Bank of Japan has warned.

Bank of Japan provides $18bn in interest-free climate loans

Japan's central bank has begun to provide interest-free 'climate response' loans worth up to JPY2 trillion ($18 billion) to encourage investment in decarbonisation.

Bank of Japan climate change loan facility 'credit positive' for banks

The climate change loan facility to be extended to lenders by the Bank of Japan (BoJ) is "credit positive" for Japanese banks...

BOJ to fund climate projects in return for disclosures

The Bank of Japan (BOJ) has said it will help fund financial institutions' projects addressing climate change ...

Bank of Japan to launch climate change investment fund

The Bank of Japan (BOJ) plans to launch a fund later this year for investments in projects that address climate change.

News round-up: Mitsubishi, Bank of Japan, M&G, Morgan Stanley, and more