{"id":246,"date":"2021-06-16T05:29:25","date_gmt":"2021-06-16T09:29:25","guid":{"rendered":"https:\/\/blogs.duanemorris.com\/london\/?p=246"},"modified":"2025-02-03T16:17:00","modified_gmt":"2025-02-03T20:17:00","slug":"bank-of-england-explores-impact-of-climate-change-on-the-uk-banking-sector","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/london\/2021\/06\/16\/bank-of-england-explores-impact-of-climate-change-on-the-uk-banking-sector\/","title":{"rendered":"Bank of England explores impact of climate change on the UK banking sector"},"content":{"rendered":"<p>On 8 June 2021, the BoE published the \u201cClimate Biennial Exploratory Scenario: Financial risks from Climate Change\u201d (CBES), identifying climate change as a financial risk with a view to exploring its impact on the banking and insurance sectors. In this post we take a look at the CBES and its implications for banks and borrowers.<\/p>\n<p>To read the full text of this blog post by Duane Morris attorneys <a href=\"https:\/\/www.duanemorris.com\/attorneys\/drewsalvest.html\">Drew Salvest<\/a>, <a href=\"https:\/\/www.duanemorris.com\/attorneys\/nataliestewart.html\">Natalie Stewart<\/a> and <a href=\"https:\/\/www.duanemorris.com\/attorneys\/rebeccagreen.html\">Rebecca Green<\/a>, please visit the <a href=\"https:\/\/blogs.duanemorris.com\/esg\/2021\/06\/16\/bank-of-england-explores-impact-of-climate-change-on-the-uk-banking-sector\/\">Duane Morris ESG Blog<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 8 June 2021, the BoE published the \u201cClimate Biennial Exploratory Scenario: Financial risks from Climate Change\u201d (CBES), identifying climate change as a financial risk with a view to exploring its impact on the banking and insurance sectors. In this post we take a look at the CBES and its implications for banks and borrowers. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/london\/2021\/06\/16\/bank-of-england-explores-impact-of-climate-change-on-the-uk-banking-sector\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Bank of England explores impact of climate change on the UK banking sector&#8221;<\/span><\/a><\/p>\n","protected":false},"author":454,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[219,16,218,220,147],"ppma_author":[151],"class_list":["post-246","post","type-post","status-publish","format-standard","hentry","category-general","tag-bank-of-england","tag-banking","tag-banking-and-finance","tag-climate-biennial-exploratory-scenario","tag-climate-change"],"authors":[{"term_id":151,"user_id":454,"is_guest":0,"slug":"ddsalvest","display_name":"Drew D. Salvest","avatar_url":"https:\/\/blogs.duanemorris.com\/london\/wp-content\/uploads\/sites\/52\/2020\/04\/salvestdrew-125x150.jpg","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/london\/wp-json\/wp\/v2\/posts\/246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/london\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/london\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/london\/wp-json\/wp\/v2\/users\/454"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/london\/wp-json\/wp\/v2\/comments?post=246"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/london\/wp-json\/wp\/v2\/posts\/246\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/london\/wp-json\/wp\/v2\/media?parent=246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/london\/wp-json\/wp\/v2\/categories?post=246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/london\/wp-json\/wp\/v2\/tags?post=246"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/london\/wp-json\/wp\/v2\/ppma_author?post=246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}