Archive

  • US Fed planning climate scenario analysis for 2023

    09 September 2022

    The US Federal Reserve plans to launch a pilot scenario analysis exercise next year, to assess the long-term, climate-related financial risks facing the largest US banks.

  • US Fed publishes climate-related financial stability risks study

    01 August 2022

  • NY Fed: Climate risk 'unconditionally reflected' in credit ratings, spreads

    26 April 2022

    Climate risk related to regulation and environmental performance is "unconditionally reflected" in the credit ratings and pricing among US corporates, according to research by the New York Federal Reserve.

  • US financial regulators urged to address climate risk

    07 January 2022

    US financial regulators have been urged to make 2022 a year of action on climate change.

  • US financial regulators acknowledge climate action needed amid 'increasing threat'

    25 October 2021

    US regulators have identified climate change as an "emerging and increasing threat" to US financial stability for the first time

  • New York Fed climate stress test demonstrates 'substantial' risk for banks

    28 September 2021

    Researchers at the Federal Reserve Bank of New York have published a transition risk-focused climate stress test metric for banks, which demonstrated climate risk was "economically substantial" for some lenders during the 2020 energy crisis.

  • US Fed doubts there will be a single "right" approach to climate-related risk

    19 February 2021

    A governor of the US Federal Reserve said it was "unlikely" that there would be a single "right" approach to judging the financial impact of climate change for the central bank, instead encouraging market innovation on the topic.

  • US Fed appoints Kevin Stiroh as climate change lead

    27 January 2021

  • Federal Reserve 'making important progress' on climate change, says governor

    21 December 2020

    The US central bank "has been making important progress in laying the groundwork to incorporate climate considerations where they are material and relevant to our statutory responsibilities," according to a governor of the Federal Reserve.

  • News round-up: Federal Reserve joins NGFS, BNP's energy transition fund, Poseidon Principles ... and more

    16 December 2020