In dieser Broschüre wird aufgezeigt, wie die Vermögensanlage von öffentlichen Versorgungswerken und Investoren mithilfe von Paris-aligned Benchmarks (PABs) und Climate Transition Benchmarks (CTBs) nachhaltig ausgestaltet werden kann. Sowohl die CTB als auch die PAB zielen auf...

Climate change, and society's responses to it, present financial risks which impact upon the Bank's objectives. These risks arise through two primary channels: the physical effects of climate change and the impact of changes associated with the transition to a lower-carbon economy.The Bank's...

This paper investigates how banks’ loan pricing responds to the environmental performance of borrowing companies. Using a unique hand-collected dataset of bank loans in China, we find that banks reward borrowers that have higher environmental responsibility scores with lower loan interest...