CERES USES CLIMAFIN MODELS FOR ANALYSIS OF TRANSITION RISKS OF US BANKS

On the basis of an analysis performed by CLIMAFIN of the value of transition risks in the portfolios of Industrial and Commercial loans of U.S. banks, CERES has just published a landmark report on “Financing a Net-Zero Economy: Measuring and Addressing Climate Risk for Banks”.

This report investigates banks’ climate-related financial risks and their exposure to a disorderly transition. Based on the finding that a majority of bank lending is in climate-exposed sectors, the report also lays out a blueprint for bank action with key recommendations for how banks can discuss their climate risk exposure and the mitigation strategies they can use to address this risk exposure and broader climate-related societal impact.

Read the full report here.