Nkwaira, Chekani; Van der Poll, Huibrecht Margaretha - In: Risks : open access journal 11 (2023) 5, pp. 1-16
Banks are exposed to climate risks through stranded assets. This risk can be substantial in the banking sector, as it can spawn systemic risk. After the Great Recession, macro-prudential instruments effectively addressed systemic risk. However, climatic risks raise the research question of how...