Financial regulators consult on managing climate risks

The Prudential Regulation Authority (PRA) opened consultation this week on its expectations for the management of the financial risks arising from climate change. The Financial Conduct Authority (FCA) has also published a discussion paper on climate change and green finance

Flood defence scheme
Financial institutions should consider how climate-related risks, such as the need to defend against flooding, will impact their bottom line

The Prudential Regulation Authority (PRA) opened consultation this week on its expectations for the management of the financial risks arising from climate change. The Financial Conduct Authority (FCA) has also published a discussion paper on climate change and green finance.

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