Bank of England identifies uncertainty over banks’ and insurers’ capital for future climate losses
By IAN Editorial Desk
13 March 2023·Updated 26 September 2026·1 min read
Primary source: bankofengland.co.uk
The Bank of England published the report on 13 March 2023, setting out its thinking rather than any policy changes.
The Bank of England published its Report on climate-related risks and the regulatory capital frameworks on 13 March 2023. The report found that existing capability and regime gaps leave uncertainty over whether banks and insurers are sufficiently capitalised for future climate-related losses, a risk-appetite challenge for micro and macroprudential regulators.
The report sets out the Bank's thinking and identifies areas…
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