Climate policies needed to prevent economy-wide defaults, ECB finds

Supervisor is due to publish the final results of a 30 year climate stress test in mid-2021

Extreme weather events will substantially increase the probability of defaults in the absence of further climate policies, the European Central Bank (ECB) has concluded as part of its first economy-wide stress test on the long term effects of climate change. 

At the same time, the…

You must have a SUBSCRIPTION or FREE TRIAL to view this PAID content.

Already got a Subscription or Free Trial?

Login here.

Not got a Subscription or Free Trial?

Sign up for a Free Trial here to access this PAID content.

One Free Trial per user; if your Free Trial has expired, please email subs@responsible-investor.com.

Copyright © 2021 RGM.