Climate Risk for Lenders: An Overview of Potential Actions

Environment Partners Dianne Phillips and Amy Edwards co-authored an article in the Environmental Bankers Association (EBA) Winter Journal on how climate change affects financial institutions and what steps they can take to manage and respond to climate risks. They analyze a report from the U.S. Commodity Futures Trading Commission (CFTC) describing risks from climate change, which encompass physical risks impeding an asset's ability to perform and transition risks resulting from the uncertain impact of climate change on the economy and organizational failure to prepare for broader market transformation. They also outline the recommended actions for regulators and other financial authorities.

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