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Climate risk: where do French banks and insurers stand?
[Risque Climatique : où en sont les banques et assurances françaises ?]

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  • Laurent Clerc

Abstract

What are French banks and insurers doing to prepare for climate change? Where do they stand in terms of implementing France’s Energy Transition Law? Our analyses show significant though mixed progress with regard to transparency and governance of risks, and a growing but still incomplete recognition of climate risk as a financial risk. Comment les banques et les assurances françaises se préparent-elles au changement climatique ? Où en sont-elles de la mise en œuvre de la Loi sur la transition énergétique ? Nos analyses montrent des progrès notables, mais hétérogènes, en termes de transparence et de gouvernance des risques et une prise en compte grandissante, mais encore incomplète, du risque climatique en tant que risque financier.

Suggested Citation

  • Laurent Clerc, 2019. "Climate risk: where do French banks and insurers stand? [Risque Climatique : où en sont les banques et assurances françaises ?]," Eco Notepad (in progress) 131, Banque de France.
    • Handle: RePEc:bfr:econot:131
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