• ECB should consider nature risks in bond purchases and lending, Elderson says

    24 November 2023

    The European Central Bank (ECB) should "broaden" its efforts to reduce climate risks in its lending and bond purchases to include nature risks - including in its €3 trillion ($3.3 trillion) public sector bond portfolio - according to a member of its executive board.

  • ECB set to fine banks 'turning a blind eye' to climate risk, Elderson says

    14 November 2023

    Banks still failing to meet climate risk management expectations set by the European Central Bank (ECB) three years ago are on the verge of incurring daily fines until they redress shortcomings in their climate risk management.

  • What next for climate scenarios? Part two

    16 October 2023

    How will the next generation of climate scenarios differ from the first, Michael Hurley asks

  • What next for climate scenarios?

    12 October 2023

    As criticisms grow of the first climate scenario models, what does the next generation need to look like, Michael Hurley asks

  • 'We are aware of the criticism': The NGFS on its next phase of scenarios

    09 October 2023

    The Network for Greening the Financial System is developing short-term climate scenarios and increased detail on sectoral impacts in response to feedback, Jean Boissinot and Martina Spaggiari tell Michael Hurley