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Climate scenarios can serve as yardstick for central banks’ risk assessment – Experts

Iowa flood

Stability is at the core of central banks’ objectives. To assess climate destabilisation risks, major central banks, and supervisors plan to utilise climate scenarios developed by a team of researchers led by the Potsdam Institute for Climate Impact Research. Flooding in Iowa These scenarios will inform the climate stress tests that central banks like the Bank of England or the ...

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