While our banks are not yet at the point of completing the climate stress test, the interpretation applied by central banks (#TCFD) is quite inadequate in measuring the risks posed by the climate crisis. I also agree #climatestresstest #climatecrisis #NGFS
https://www.energymonitor.ai/finance/risk-management/why-climate-stress-tests-are-not-fit-for-purpose/
Why climate stress tests are not fit for purpose

Scenarios used by central banks to conduct climate-risk stress tests have been criticised as not fit for purpose.

Energy Monitor
@mlkurnaz that's because they would fail otherwise.