🔥 #Climaterisk: the financial system is blind to the climate crisis.

And people will pay for this multiple times unless policymakers prepare the financial system for an orderly transition.

Read our blog 👉 www.finance-watch.org/blog/unprepa... #SafeTransition #ClimateLTV #Breakthedoomloop

Economic models ignore key risk drivers. To avoid a #climateminsky moment, prudential authorities can:
✅ Use qualitative #climatescenarios & reverse stress tests
✅ Apply stronger capital requirements for high-risk assets.

Read our paper 👉 www.finance-watch.org/policy-porta...
#ClimateLTV