Navigating Climate Headwinds: Climate Scenario Analysis and Stress Testing by Banks and Supervisors

The IIF was delighted to host an interactive discussion of our recently published report and survey: ‘Navigating Climate Headwinds: Reference Approaches for Scenario-based Climate Risk Measurement by Banks and Supervisors.’

The webinar featured a panel of global experts from the public and private sectors. Panelists shared their experiences and perspectives on the value of climate scenario analysis and climate stress testing to measure and manage climate-related risks to the financial system. Topics included: the choice of scenarios; modelling assumptions; and the interpretation and use of the results by supervisors and financial firms.

Featured Speakers:

• Judson Berkey, Head of Sustainability Regulatory Strategy, UBS AG; Chair, IIF Sustainable Finance Working Group
• Francois-Louis Michaud, Executive Director, European Banking Authority
• Joseph Noss, Head of Vulnerabilities Assessment, Financial Stability Board
• Manuel Perez de Castro, Group Risk Vice President, Enterprise Wide Risk Management, Santander

IIF Hosts:

• Sonja Gibbs, Managing Director and Head of Sustainable Finance, Global Policy Initiatives, IIF
• Andrés Portilla, Managing Director and Head of Regulatory Affairs, Regulatory Affairs, IIF
• Katie Rismanchi, Senior Policy Advisor, Regulatory Affairs, IIF
• Jeremy McDaniels, Senior Policy Advisor, Sustainable Finance, IIF