Central America pushes sustainability as banks contemplate climate risks
Monday 7 March 2022 – Vol.13 Ed.10.1
Commentary: Central America aims to become leader in sustainability
By Natalia Ospina in London
Central America’s above-average recovery in 2021 and the positive outlook for the coming years demonstrate the region’s resilience to shocks and its potential for development. In February, trade experts and private investors joined CABEI and OMFIF to discuss Central America’s competitive advantages as a promising destination for foreign investors. The array of available initiatives demonstrates the region’s potential for sustainable investment.
Read the full commentary on the website.
Video: Emerging trends in banks’ climate and environmental integration
It is increasingly evident that climate change will have negative implications for financial stability. Banks are being called upon to integrate and develop climate-related risk indicators and strategies. This panel discusses the implications of COP26 for financial sector commitments to net zero, the effects of climate change on credit and liquidity risk, as well as the latest developments in central bank stress testing and scenario analysis tools.
Watch the video on the website.
