Meghal Arora

Office of the Superintendent of Financial Institutions

Meghal Arora is a climate risk specialist at the Office of the Superintendent of Financial Institutions, Canada, where her work focuses on the intersection of climate change and financial risk. She develops and evaluates methodologies, risk assessment frameworks, and supervisory approaches to assess the impact of climate transition and physical risks on Canadian financial institutions. As a representative to international working groups, including the Network for Greening the Financial System (NGFS) and the International Association of Insurance Supervisors (IAIS), she collaborates with global peers on climate scenario development and climate related financial risk methodologies.

Articles by Meghal Arora

Original research

A methodology to measure the impacts of scenarios through expected credit losses

The authors propose a framework for measuring the impact of scenarios on the expected losses of exposures by leveraging the existing provisioning infrastructure within financial institutions.

11 Sep 2026

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