Climate measures

ECB steps up climate work with focus on green transition, climate and nature-related risks

Climate change must be fought – what does PACTA say about the transition risks for banks?

The need to rapidly reduce carbon dioxide emissions will adversely impact the operations of many companies, and may make old operations unprofitable.

The IMF is going to significantly step up its climate work

The IMF’s new comprehensive Climate Strategy is a clear signal that the IMF intends to meet the challenge of climate change.

Increased flood risks caused by climate change will also affect banks

Due to climate change, extreme weather events will become more frequent, resulting in material damage to buildings and other infrastructure.

The Bank of Finland manages its financial assets sustainably

The Bank of Finland manages about EUR 11 billion of financial assets.

Could the Green Supporting Factor help mitigate climate change?

The need for sustainable finance has grown because of the urgency to mitigate climate change.

Low oil price reveals implications of carbon risk

A significant proportion of the world’s investment assets lie with companies whose business activities produce large amounts of carbon dioxide.