Bank regulators have growing interest in climate-change risks

Treasur.....»»

The central bank was willing to tolerate Ant’s financial risks for far too long. Now regulators have acted, and the damage is done......»»

Indigo Ag — the Cambridge-based agriculture-technology startup that fights climate change through sustainable farming practices — can write another item on its to-do list: combating the global food shortage. On May 14, the company announced i.....»»

Norway's sovereign wealth fund will vote in favour of a resolution committing Barclays to tackling climate change at the bank's annual general meeting on May 7, instead of a separate shareholder one, the fund said on Friday......»»

Everything was looking perfect for the banks at the start of 2020. Interest rates were expected to remain stable for the year, business was booming and regulators seemed to be easing up. Then the........»»

The world’s meat industry must adapt to the challenges posed by climate change and growing demand for plant-based alternatives or face "ruin," according to a group of investors managing $20 trillion in assets......»»

The world’s financial services sector risks losses of up to $1 trillion if it fails to respond quickly to climate change and is hit by policy shifts such as the introduction of a carbon tax, a new report shows......»»

The European Central Bank may be running low on firepower, but market volatility and falling inflation expectations tied to the COVID-19 outbreak provides growing pressure to act more aggressively than previously expected, analysts say......»»

Banks must improve transparency on their exposure to climate- change risk and central banks need to pay closer attention as the entire financial sector is at risk, European Central Bank President Christine Lagarde said on Thursday......»»

Federal Reserve policymakers were cautiously optimistic about their ability to hold interest rates steady this year, minutes of the central bank's last policy meeting showed, even as they acknowledged new risks caused by the coronavirus outbreak......»»

A rule change that is currently being proposed by the Securities and Exchange Commission has a fatal flaw that relates to global warming, according to sustainability organization Ceres......»»

The Russian ruble weakened across major currencies on Friday after the country's central bank dropped interest rates 25 basis points to 6%. "Risks of a substantial global economic slowdown persist. Disinflationary risks still exceed pro-inflat.....»»

The Federal Reserve on Wednesday held its benchmark fed funds interest rate steady, seeing the economy growing at moderate pace. The Fed raises interest rate on excess bank reserves keep fed funds rate under control......»»

This is a “discovery year” for many corporate executives confronting climate change at Davos, Zurich boss Mario Greco tells Rob Cox. But for insurers like his, ecological risks have necessarily been front and center for years......»»

Sen. Elizabeth Warren, citing concerns for home values and more, has called on big banks to disclose their plans to recognize and offset climate-change risks......»»

How can companies and financial institutions manage the risks of climate change, while making the worst outcomes less likely? Here are highlights of a wide-ranging discussion moderated by Breakingviews EMEA Editor Peter Thal Larsen......»»

Climate change and environmental destruction top the risks highlighted by world decision-makers in a survey ahead of the 2020 gathering of the global elite in the Swiss ski resort of Davos. Conway Gittens reports.....»»

A decade of record-setting heat and ice melt, punctuated by the fires consuming Australia right now, position climate-change risks atop the list of concerns as chief executives from the world’s most powerful companies ready to gather in Davos......»»

U.S. Federal Reserve officials may be in broad agreement that interest rates are unlikely to change soon, but they differed Monday on how concerned they are about developing financial risks in assessing when a rate hike might be appropriate......»»

Clean energy is a strong and growing investment class......»»