Banks
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CLIMATE CHANGE
Climate Stress Testing an Emerging Challenge for Banks Worldwide
As financial institutions worldwide grapple with how to turn climate-related risks into credible stress testing scenarios, new guidance on climate stress testing for banks offers a timely roadmap. Climate Stress Testing Methodologies: Current Practices, Challenges, and the Road Ahead – a report by the United Nations Environment Programme Finance Initiative (UNEP FI) and data and AI leader SAS – is based on input from 21…
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CLIMATE CHANGE
How Kenyan Banks Are Powering the Green Economy
Kenya is no stranger to the devastating impacts of climate change. From prolonged droughts and erratic rainfall to rising food insecurity, the consequences are intensifying—and so is the call for urgent, coordinated action. While government policy, civil society, and international donors play critical roles, a quiet but powerful force is reshaping the landscape: local banks. Across Kenya’s financial sector, green…
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