Indexing capital requirements on climate : What impacts can be expected ?
As the main financier of the French and European economies, banks play a key role in financing the transition. Their current contribution in France is in the order of 8 billion euros per year, but this will need to more than double according to estimates by I4CE. To accelerate this shift for banking institutions and to prevent their increasing exposures to climate risks, the debate has tended to revolve around whether or not there is a need to reform prudential requirements.
Jean Pisani-Ferry becomes Chair of I4CE
I4CE response to EC Consultation on Sustainable finance