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The paper analyzes the role of financial regulation in facilitating the development of organizational norms to enhance risk culture in banking institutions. Specifically, it examines the regulatory responses and industry-led initiatives taken since the financial crisis of 2007-08 to address...
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This paper seeks to answer the question of how banking regulation can contribute to environmental sustainability objectives. The 2030 United Nations Sustainable Development Goals and 2015 Paris Climate Change Treaty place climate action and environmental challenges as central to the required...
Persistent link: https://www.econbiz.de/10012896926
Climate change is a major threat to financial stability and requires financial institutions and the regulatory bodies that supervise them to put climate change at the core of their strategies and processes. The global climate crisis and the economy’s green transition are giving rise to new...
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