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The US government is picking up pace on climate change, and banks’ risk departments should follow suit

Banks must build a framework to deal with climate change risk management and refer to the recent Whitehouse whitepaper for the same. The framework will help banks to attribute transitional and physical costs by applying a general top-down approach, but adjust at the loan level according to investments/adaptations already made by the borrower.

For More Information Please visit: www.greencap.live/insights/the-us-government-is-picking-u...

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Uploaded on September 12, 2023