Central Bank Climate Stress Tests
Amit Kara
30 years: Macroeconomist
In the final video of this series, expert economist, Amit Kara talks about stress testing. Stress tests are conducted by financial institutions or regulators to assess the resilience of financial institutions or the financial system as a whole. This video focuses specifically on climate stress testing.
In the final video of this series, expert economist, Amit Kara talks about stress testing. Stress tests are conducted by financial institutions or regulators to assess the resilience of financial institutions or the financial system as a whole. This video focuses specifically on climate stress testing.
Central Bank Climate Stress Tests
17 mins 42 secs
As banks begin to wake up to the climate crisis, they have embarked on stress tests that specifically focus on climate risks. In this video, Amit outlines the scope and objectives of a climate stress test exercise. He then summarises the climate scenarios that have been used by these central banks for their climate stress test exercises.
Key learning objectives:
Understand the objectives and scope of a climate stress test
Assess the climate scenarios used by banks for a climate stress test
