Climate risk managers’ top challenge: a dearth of data
Risk Benchmarking: Banks see client engagement and lender data pooling as solutions to climate blind spots – but few expect it to happen soon
This piece is part of a series benchmarking bank climate risk management practices. Risk Management subscribers can view selected cuts of the underlying data here. Sign up for Risk Benchmarking emails here.
A dearth of reliable data remains the biggest obstacle facing banks as they try to embed climate change into their risk management frameworks, according to Risk Benchmarking research
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