Banking Regulators Start Climate Stress Tests

BANKING REGULATORS START CLIMATE STRESS TESTS “Climate change has the potential to cause substantial disruption to our economies, businesses and livelihoods in the coming decades. Yet the associated risks remain poorly understood, as climate shocks differ from the financial shocks observed during previous crises.” That is the opening of the latest month’s blog post by […]

Ministry for Ecological Transition: What to expect

As of February 13th, Italy has a new Government led by Mario Draghi, former ECB President. Among all changes, it was established a new branch of the Government dedicated to environmental issues, the so-called “Ministry for Ecological Transition” held by Roberto Cingolani, an independent politician. This new authority is supposed to replace the former “Ministry […]