The employment of fintech as a product and service distribution mechanism in various
sectors has been widely adopted for the provision of seamless services. The adoption of …

Highlights•The paper analyzes the current knowledge in the field of climate-related financial
risks.•It highlights the growing involvement of central banks in addressing climate change.•It …

How do changes in Environmental, Social and Governance (ESG) scores influence banks'
systemic risk contribution? Using a dynamic panel model, we document a beneficial impact …

We study the relationship between climate change and financial systemic risk. First, we test
whether, to what extent and how quickly the systemic risk of US banking and insurance …

In addition to tail macroeconomic events (eg wars, financial crises and pandemics), climate
change poses a threat to financial stability—with extreme climatic events increasing in …

We analyse the double materiality of climate physical and transition risks in the euro area
economy and banking sector. First, by tailoring the EIRIN Stock-Flow Consistent behavioural …

Large language models (LLMs) have significantly transformed the landscape of artificial
intelligence by demonstrating their ability in generating human-like text across diverse …

We review the" climate action plans" of Global Systemically Important Banks (GSIBs) and the
progress they are making toward achieving them. G-SIBs have identified the drivers of …

Despite widespread recognition among financial regulators and central banks that climate
change may threaten financial stability, the causes and consequences of climate-related …

Despite increasing efforts to better understand the financial consequences of climate
change, the question of how climate-related financial risks could spill over across borders …