Japan Financial Services Agency: Release Of “Pilot Scenario Analysis Exercise On Climate-Related Risks Based On Common Scenarios”

The Financial Services Agency (FSA) and the Bank of Japan (BOJ), in cooperation with three major banks and three major non-life insurance groups, conducted a pilot scenario analysis using scenarios published by the Network for Greening the Financial System as common scenarios. 

The FSA and BOJ have today published a report “Pilot Scenario Analysis Exercise on Climate-Related Risks Based on Common Scenarios”, which outlines key results and takeaways of the exercise.

*Other initiatives on sustainable finance can be found here.