This webinar will be run on zoom. A joining link will be sent to you in the days before the event.

Chair

• Chris McHugh: Director, Centre for Sustainable Finance - LIBF

Panel

• Mark Lewis: Head of Sustainability Research - BNP Asset Management
• Martijn Regelink: Senior Financial Sector Specialist, Finance and Markets Global Practice - Climate Finance, World Bank
• Alan Smith: Senior Adviser, Climate and ESG Risk HSBC

Host:

• Professor Ania Zalewska: Director, CGR&IS - School Of Management, University of Bath

Stress testing for climate-related risks is high on the agenda for all financial institutions. Physical risks appear to be increasing with more extremes in weather and environmental degradation. Transition risks will evolve as regulation and national policies change, technology evolves and lender/investors modify their investment preferences.

Risk management through stress testing is a well understood process, but environmental risk presents a unique challenge as the outcomes are expected to be unprecedented. The design of the stress tests themselves can have economic consequences as it influences the flow of funds to new and old technologies and industries.

The London Institute of Banking and Finance, and the Centre for Governance, Regulation and Business Strategy, School of Management, University of Bath have teamed up to host a webinar to address this important topic. We have assembled a panel of experts in their fields to address the challenges of stress-testing from the perspective of a commercial bank, a multi-lateral development bank, and an asset manager.

The webinar is intended for financial institutions, regulators and advisers and also for academics and students.