ECB Stress Test: Banks’ Credit Risk Doubles by 2030 Under Slower Climate Transition
ESG Today
SEPTEMBER 7, 2023
The accelerated transition scenario assumes a significant increase in energy costs in the near term, and substantially greater initial green investments, rising to €2 trillion by 2025, compared to only €0.5 These risks would be particularly acute for companies in energy-intensive sectors such as manufacturing, mining and electricity.
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