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Basel eyes global bank disclosures tied to climate change risks - Nikkei Asia

Retrieved on: 2024-02-15 17:29:51

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Basel eyes global bank disclosures tied to climate change risks - Nikkei Asia. View article details on HISWAI: https://asia.nikkei.com/Spotlight/Environment/Climate-Change/Basel-eyes-global-bank-disclosures-tied-to-climate-change-risks

Summary

The article discusses upcoming disclosure requirements for banks on climate change risks, highlighting the financial risk of fossil fuel assets, like coal power plants, becoming stranded assets amid technological shifts and decarbonization efforts.

Article found on: asia.nikkei.com

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