Climate change risk across the EU banking system

During the third quarter of 2020, a survey was carried out with the aim of understanding how EU banks are currently facing, and are planning to manage, risks arising from climate change.

This report covers the following key points 

  • Level of awareness 
  • Development expectations 
  • Governance and internal organisation 
  • Risk management practices, with a focus on data availability and adequacy 
  • Adoption of main strategic and business processes
  • Budgeting and investment allocation.