of this risk and tend to invest in funds with low exposure to brown assets …

change is a source of financial risk and thus a part of the mandate of central banks and supervisors in preserving financial … stability. This type of risk has not been given enough attention by either supervisors or financial institutions over the past …

. Specifically, we introduce a measure called CRISK, systemic climate risk, which is the expected capital shortfall of a financial … institution in a climate stress scenario. We use the measure to study the climate-related risk exposure of large global banks in …

This paper develops a framework for the short-term modelling of market risk and shock propagation in the investment … in particular climate risk, with a first-of-its-kind dual view of transition and physical climate risk exposures at the … fund level. So far, while fund managers communicate more aggressively on their awareness of climate risk, it is still …

Its conceptual appeal has made the Conditional Value at Risk (CoVaR) one of the most influential systemic risk …-series dimension of systemic risk. The dynamics of the CoVaR are entirely due to the behaviour of the state variables and therefore … component that we introduce does not affect the estimations for the risk of individual financial institutions, but it largely …

well as financial stability risks – with the impact of Securities Financial Transactions on systemic risk, also being taken …