Transform your Climate Risk Assessment with Advanced Stress Testing

Article

A comprehensive approach to climate risk assessments integrates climate-economy, macroeconomic, sectoral, and financial models to create reliable scenarios, ensuring banks are equipped to handle future climate-related challenges. Discover how innovative data utilization and interdisciplinary collaboration are essential in navigating the complexities of climate risk and financial stability.

Jul 29, 2024

Stephane Dees, Head of Climate Economics Unit, Banque De Frances

Transform your Climate Risk Assessment with Advanced Stress Testing

The views and opinions expressed in this content are those of the thought leader as an individual and are not attributed to CeFPro or any other organization

A suite-of-models approach links climate, economic, sectoral, and financial data, ensuring comprehensive and robust climate risk assessments.
The integration of detailed sectoral and infra-sectoral data allows for precise modeling of financial vulnerabilities and resilience.
Scenario design for climate stress testing involves creating plausible yet adverse assumptions to assess financial system resilience.
Addressing data challenges requires combining internal capabilities with external data sources to meet the diverse needs of climate stress testing.