Central banks say they safeguard global stability. Their failure to confront climate risk is now a risk in itself, argues ...

The recent Los Angeles wildfires are only the latest reminder that banks need to steel themselves against climate change both in their portfolios and in their own businesses. Some estimates put the ...

The European Central Bank is already factoring climate-related risk into the assessment of collateral used to borrow money ...

The following information was released by the Competitive Enterprise Institute:. The Federal Deposit Insurance Corporation and Federal Reserve Board of Governors withdrew their controversial ...

Another business-led effort to fight climate change is unraveling. Subscribe to our newsletter for the latest sci-tech news updates. On Aug. 27, 2025, the Net-Zero Banking Alliance suspended its ...

Euro zone banks must prepare for unprecedented shocks causing severe disruptions with far-reaching consequences for financial ...

FRANKFURT (Reuters) -Euro zone banks are offering loans on more favourable terms to companies with a better climate performance and may be punishing polluters, according to a blog post published by ...

Climate change should still factor into banks' risk frameworks, credit analysts say, despite bank regulators' recent pullback of climate-related guidance. Financial losses at banks connected to ...

For the way forward, Governor SBP encouraged banks to focus on four main areas. First, banks should embed digitalization into ...

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) On Aug. 27, 2025, the Net-Zero Banking Alliance suspended its activities after several ...