Global Climate Change: Risk to Bank Loans

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Summary

"The purpose of this study is to evaluate the impact of climate change related risks on bank borrowers, utilizing as much data and analysis as possible. The first section of this report reviews the current climate change policies in place in Canada, Europe, and the US, in order to provide a framework for policy implementation in the future. The report then utilizes aggregated loan and lease data from Bank of America, CIBC, Citigroup, Scotiabank, and TD Bank Financial Group, to analyze the impact of climate change related risks on bank loans and leases."


References

  1.  "Global Climate Change: Risk to Bank Loans"