✉news BusinessBanking first seen 6 h ago, last 4 h ago, peak #24
Bank regulators move to tighten climate and nature risk rules
Original: Banks facing climate and nature risks: towards strengthened expectations
Banking authorities are signalling strengthened supervisory expectations on how banks manage climate-related and nature-related financial risks. The Banque de France highlights a shift toward firmer requirements for lenders to identify, measure and mitigate environmental exposures, extending the focus beyond climate to biodiversity and ecosystems. The move signals that banks' environmental risk management is moving from voluntary practice toward binding supervisory scrutiny.
Why now: Regulators are ratcheting up expectations for how banks handle climate and nature risks, a live concern for financial institutions worldwide.
Banque de Francebanksclimate risknature risk
Evidence
- Banks facing climate and nature risks: towards strengthened expectations · Banque de France
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