This desktop survey assesses the extent to which 14 Asian and 6 European Banks are complying with the Basel Committee’s consultative document on disclosure requirements for climate-related financial risks. The survey shows that Asian banks are 25% compliant (63% for the European banks), highlighting that more work is needed to ensure full compliance.
Author Archives: Amarendra Mohan
The Basel Committee on Banking Supervision (BCBS or the Basel Committee) has undertaken a lot of work on climate-related financial risks. This blog covers three themes from BCBS’ work on this topic: The focus on climate-related financial risks (and not the broader environment-, nature-, or ESG-related financial risks). Addressing climate-related financial risks within the […]
Background: Additional Tier 1 (AT1) Capital Instruments under Basel III During the global financial crisis (2007-2009), several banks had to be rescued through capital injections by their governments which led to supporting not only the depositors but also the investors in Additional Tier 1 (AT1) and Tier 2 regulatory capital instruments. Inadequate loss-absorption by regulatory […]