Several Democrat presidential contenders say they want the federal government to require periodic “stress tests” on large banks to ensure they can handle potential economic shocks from climate change.

Extreme weather has always meant extreme risks for businesses and investors. Yet climate change has varied the calculus, and many businesses are facing new, potentially existential risks as the world ...

In partnership with global management consultancy Oliver Wyman, the Association for Financial Markets in Europe (AFME) has published a report discussing the progress of EU banks around climate risk ...

The Federal Reserve is dialing back the regulatory burden on major U.S. banks, ending its climate stress test program and rolling out a 2025 stress test scenario that analysts see as more favorable ...

Industry Insight from Ethical Corporation Magazine, a part of Thomson Reuters. April 18 - It’s remarkable how the environment and geo-politics have interacted over the past few years to make the world ...

Almost 80% of global data centers face some form of climate risk, and it could cost developers trillions in the coming ...

South Africa’s central bank plans to expand its examination of climate risk to the insurance industry, as it seeks to anticipate threats that can do far-reaching economic harm. “This year we put out ...

For bank lobbyists advocating for lower capital, the stress test results appear to validate that banks have more capital than ...

Olive oil producers are improving irrigation and seeking new varieties of olives to safeguard production as climate change upends harvests, causing prices of the staple of the Mediterranean diet to ...

On May 20, 2026, the California Air Resources Board ("CARB") submitted its initial regulation implementing California climate disclosure laws to the Office of Administrative Law for review. On June 24 ...

Faced with the uncertainties surrounding climate change, policymakers and investors need to know what can happen and how likely these outcomes may be. Unfortunately, current scenarios answer only the ...