As regulatory pressure mounds, it is imperative that banks have a clear plan to address climate risks, and to finance a green agenda. Join our experts as they discuss how can bank’s achieve a successful climate management strategy. In order to achieve a successful strategy, global banks must reflect climate risk considerations within their overall risk framework and capital-allocation processes. The need to build stress-testing and scenario analysis capabilities to be able to respond to new sustainability initiatives, such as TCFD, require serious attention. It marks an era for banks around the globe to search for new and future-proof talent, data and technology and create a comprehensive climate-risk governance framework. In Europe the Green Deal of the European Commission addresses an important role for banks to play, where the need for harmonised approach towards ESG data and risk regulations has gained important momentum. Moreover, the Covid-19 pandemic has also pushed the European economy into a recovery phase where green transition is of utmost importance.
Managing Director, Global Head of Financial Institutions Business – S&P Global Market Intelligence
EBF Senior Policy Adviser – Sustainable Finance
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ABOUT the European Banking Federation
The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from 45 countries. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere.