Europe needs supervisory standards for climate risks – Lautenschläger

lautenschlaeger-sabine
Sabine Lautenschläger

European policy-makers need to give financial supervisors a common set of standards for assessing banks’ approach to climate and environmental risks, Sabine Lautenschläger said.

“We cannot afford to wait until we have a perfect understanding of all these risks to take action”, the European Central Bank executive board member said on April 17. “Climate change will not adapt to our research schedules.”

Policy-makers could speed up the process of setting new standards by working in a modular way

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: