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Bank of England initiates climate stress tests to explore risks

The Bank of England (BofE) has kicked off its Climate Biennial Exploratory Scenario (CBES) to scrutinise the risks that could be incurred from climate change.

PRA, FCA host first forum on Climate Financial Risk

The Prudential Regulation Authority (PRA) and FCA have held the first Climate Financial Risk Forum (CFRF), which aims to improve responses to the financial risks from climate change.

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