Post-Covid 19: what are climate change stress tests and why are they needed?
24 September, 2020Post Covid-19 series
The transition to reduce carbon emissions to a low-carbon world will be unprecedented and affect all aspects of our lives. How can stress testing help banks, insurers, asset managers and others in financial services assess climate risk? And what challenges does it pose?
Professor Maria Carapeto, Dean at The London Institute of Banking & Finance talks to Dr Rutang Thanawalla, Visiting Scholar on the importance of climate change stress tests and the impact on the banking and finance industry.
This interview took place on 16/09/20.