Published 15 hours ago

IFC Unveils a New Initiative to Help Financial Institutions in Europe Manage Climate Risks

Summary by ethicalmarketingnews.com

A pioneering initiative that will help equip financial institutions with knowledge, tools, and skills to manage climate-related risks is being launched in Europe by IFC. Climate-related disasters across Europe caused losses of about €650 billion, or around €15.5 billion per year from 1980 to 2022. Losses of financial institutions have also been significant. The World Bank’s global research shows that non-performing loans ratios are estimated to …

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IFC Unveils a New Initiative to Help Financial Institutions in Europe Manage Climate Risks

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