Analysis, Climate

Banks resist public disclosures on climate-related financial risks

By David Prosser
climate-related financial risks
Image via Getty

Leading banks are pressuring the Basel Committee on Banking Supervision to abandon more rigorous climate change-related standards, clashing over proposals for new public disclosures on climate-related financial risks. 

A string of banks and industry bodies have told the global standard-setter for banks that its latest proposals on climate ...

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