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20 November 2024

ESAs: Transition risk losses alone unlikely to threaten EU financial stability, “Fit-For-55” climate stress test shows

The European Supervisory Authorities (EBA, EIOPA, and ESMA – the ESAs) together with the European Central Bank (ECB), today released the results of the one-off “Fit-For-55” climate scenario analysis. Under the scenarios examined, transition risks alone are unlikely to threaten...

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