Climate Risks in the Banking Industry

Theories, Regulations and Practices
Erscheinungsjahr 2025
ISBN: 978-3-031-95807-6
Verlag: Springer Nature Switzerland

Buch, Englisch, 143 Seiten, Format (B × H): 153 mm x 216 mm, Gewicht: 331 g

As climate change intensifies globally, it also poses unprecedented challenges to the banking sector that require attention. This book examines how climate risks are reshaping the banking industry. Unlike the existing literature, which is mostly practitioner-oriented, this manuscript provides readers with a detailed and research-based analysis of both physical and transition risks, bridging the gap between climate science and banking theory from a global perspective. seeks to examine the development of these issues through different lenses by asking some important theoretical and practical questions. Is it possible to establish an academic framework for the transmission of climate risks through banking systems, and what empirical evidence supports these theoretical models? What regulatory approaches are being developed globally to address climate-related financial risks, and how do these differ across jurisdictions? How are financial institutions implementing climate risk management frameworks in practice, and what are the challenges in translating theoretical models into operational tools? In line with the above objectives, this volume provides a framework that maps the existing academic research on climate risks in banking and offers a basis for future studies and practical applications. It includes an in-depth comparative analysis of international regulatory responses to provide a truly global vision. The book also examines how physical and transition risks affect different banking businesses and products, assesses current risk methodologies and their limitations, and proposes innovative approaches for integrating climate considerations into existing risk management frameworks. It can serve as an important resource for academics in banking, finance and environmental studies, while also providing valuable implications for policymakers, regulators and advanced students.

Zielgruppe

Research

Autoren/Hrsg.

Santilli, Gianluca

Fachgebiete

• Geowissenschaften Umweltwissenschaften Klimawandel, Globale Erwärmung
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Bankwirtschaft
• Wirtschaftswissenschaften Betriebswirtschaft Management Risikomanagement
• Geowissenschaften Umweltwissenschaften Nachhaltigkeit

Inhaltsverzeichnis

1 Introduction.- 2 The Academic Perspective.- 3 The Regulatory Perspective.- 4 The Practical Perspective.- 5 Main takeaways.

Über Autor(innen)

Gianluca Santilli is a Research Fellow at the  (Italy), and a Teaching Assistant in Financial Markets and Institutions at the  (Italy). He gained his Ph.D. in Banking and Finance at the  (Italy). He graduated in Finance at the  (Italy). He also holds a second level Master in Finance and Sustainable Development from the  in Milan (Italy). His research interests focus on the themes of sustainable finance, digitalisation of financial services, as well as bank regulation. His works have been presented to research conferences and published in international academic journals. He previously worked for primary financial institutions.