One of the most important steps towards a greener economy is assessing the path through which climate risks are internalized in to bank portfolios. Aligned with literature on market risks and credit risks emanating from climate risk exposure, this paper sought to assess the feedback effect...

As the global economic environment changes, the concept of green and sustainable development has become the international community's consensus. As a participant in the worldwide emission reduction plan, China is also under great pressure to reduce carbon emissions. As an example, this study...

We ask if bank supervisors’ efforts to combat climate change affect banks' lending and their borrowers’ transition to the carbon-neutral economy. Combining information from the French supervisory agency’s climate pilot exercise with borrowers' emission data, we first show that banks that...