As financial institutions worldwide grapple with how to turn climate-related risks into credible stress testing scenarios, new guidance on� climate stress testing for banks �offers a timely roadmap. Climate Stress Testing Methodologies: Current Practices, Challenges, and the Road Ahead �– a report by the United Nations Environment Programme Finance Initiative ( UNEP FI ) and data and AI leader� SAS �– is based on input from 21 global banks. It benchmarks current practices; identifies g…
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