The way in which banks react to climate risks and uncertainty could impact financial stability as well as the world's transition to a low-carbon economy. A new study explored the role that banks' expectations about climate-related risks will play in fostering or hindering an orderly low-carbon transition.
from Latest Science News -- ScienceDaily https://www.sciencedaily.com/releases/2021/05/210517105725.htm
from Latest Science News -- ScienceDaily https://www.sciencedaily.com/releases/2021/05/210517105725.htm
Climate policies, transition risk, and financial stability
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May 18, 2021
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