Nature

Events, NCFA, News | 02 March 2017

Making Financial Institutions more Resilient to Environmental Risks: Launch of Drought Stress Testing Tool

In a pilot project on Environmental Stress Testing, the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and the Natural Capital Finance Alliance (NCFA), have developed an analytical framework and tool that allows banks to quantify and assess the potential impact of drought events on the performance of their corporate loan portfolio. The project has been funded by Germany’s Federal Ministry for Economic Cooperation and Development (BMZ). The tool will be launched at a series of events: 7th March in Mexico City, 10th March in Sao Paulo, Brazil, 14th March in Beijing, China, 17th March in New York, USA and 5th April in London, UK.