BLOGS. December 9, 2024
Unlocking Business Opportunities through Climate Risk Management
The ability to assess and manage climate-related financial risk has emerged as a critical priority for financial institutions. Climate stress tests must be precisely implemented to align with emerging global standards and local regulations, while also enhancing strategic risk management practices, as summarized in our 鈥�Overcoming the Challenges of Climate Risk Regulations - A Guide to Climate Stress Test Implementation鈥� guide. Here, we describe the business benefits that derive from an integrated approach, mainly focusing on transition risk.
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