Exploring Climate Change Stress Test for Banks

IMF published this video item, entitled “Exploring Climate Change Stress Test for Banks” – below is their description.

How to assess financial risks associated with climate change? A new approach by IMF and World Bank staff provides a bank solvency stress test with coherent climate change, disaster, and macroeconomic scenarios, using the case of the Philippines as an example.

Presenter:

Paola Morales-Acevedo, Monetary and Capital Markets Department, IMF

IMF YouTube Channel

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About This Source - IMF

The International Monetary Fund (IMF) is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

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