NGFS: A primer on climate scenarios
Network for Greening the Financial System climate scenarios can help you manage transition risk.
Banks are quickly adapting strategies to integrate climate change risks into their asset returns calculations, but a key challenge is securing accurate and sufficient data to use in risk modeling. In this blog, we describe how to improve data and modeling infrastructures to make your organization’s climate-risk strategy ready for a low-carbon future.
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Learn more about the physical risk data challenges KPMG faced, and the methods we developed to secure the climate data your bank needs to assess incremental credit losses missed by traditional models.