NGFS: A primer on climate scenarios
Network for Greening the Financial System climate scenarios can help you manage transition risk.
Climate change is a systemic risk for the financial services industry, governments, and prudential regulators around the world are proposing new requirements to better understand the impacts of climate change on their economies and regulated entities. Already, leading financial institutions (FIs) are adapting existing stress testing and lessons learned from capital planning exercises to perform climate scenario analyses that will test their resilience to the emerging financial risks associated with climate change.
KPMG can help your organization improve your understanding of:
Read the paper below to learn about 8 steps your financial organization can take to get a head start on performing climate scenario analyses.