Europe’s pensions and insurance supervisor highlights sovereign debt climate risk

EIOPA works with academics on ground-breaking new paper

EIOPA: First look at a burning issue
EIOPA: First look at a burning issue

Fossil fuel exposure and low-carbon transition readiness can “considerably affect the fiscal and financial risk position” of countries, according to a new paper on European insurers’ sovereign debt holdings by the European insurance and pension supervisor, EIOPA, in collaboration…

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