Regulatory Alerts2024-05-29
Added · Updated
Green & Sustainable Banking - Climate Risk Management
The Hong Kong Monetary Authority is launching a beta version of its Physical Risk Assessment Platform to help authorized institutions evaluate climate-related physical risks. This cloud-based tool provides analytical capabilities and a database of over 40 data sources to assess the impact of physical risks on buildings in Hong Kong under various climate scenarios. While the use of the platform is not mandatory, the regulator encourages its adoption for capacity building and notes that the final version is scheduled for release in the first quarter of 2025.
More like this from HKMA
HKMA published 11 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share