EU Climate Stress Test Plans Face Hurdles, ECB Says

Law360, London (November 21, 2019, 6:06 PM GMT) -- The European Central Bank admitted Thursday that “major barriers” currently exist with plans to add climate-change risks to future scenarios for European banking stress tests.

Climate change is becoming a bigger issue for central banks as demand is rising for investment to be environmentally sustainable. The European Commission said earlier this month the issue could force banks and insurers to test their resilience to climate-change risks in an attempt to improve how the bloc’s financial sector manages its exposure to extreme weather.

The ECB is currently working on a methodology for calculating risks related to climate change, Vice President Luis de...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!