1.0EBFhttps://www.ebf.eurich600338<blockquote class="wp-embedded-content" data-secret="wuQBaMz3IL"><a href="https://www.ebf.eu/sustainable-finance-newsletter/getting-to-grips-with-managing-climate-risk-lukas-bornemann-ebf-prudential-policy-supervision-policy-adviser/">‘Getting to grips with managing climate risk’, Lukas Bornemann, EBF Prudential Policy & Supervision Policy Adviser</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.ebf.eu/sustainable-finance-newsletter/getting-to-grips-with-managing-climate-risk-lukas-bornemann-ebf-prudential-policy-supervision-policy-adviser/embed/#?secret=wuQBaMz3IL" width="600" height="338" title="“‘Getting to grips with managing climate risk’, Lukas Bornemann, EBF Prudential Policy & Supervision Policy Adviser” — EBF" data-secret="wuQBaMz3IL" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /*! This file is auto-generated */ !function(c,d){"use strict";var e=!1,o=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},c.wp.receiveEmbedMessage);else if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(!t);else if(!(t.secret||t.message||t.value));else if(/[^a-zA-Z0-9]/.test(t.secret));else{for(var r,s,a,i=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=new RegExp("^https?:$","i"),l=0;l<n.length;l++)n[l].style.display="none";for(l=0;l<i.length;l++)if(r=i[l],e.source!==r.contentWindow);else{if(r.removeAttribute("style"),"height"===t.message){if(1e3<(s=parseInt(t.value,10)))s=1e3;else if(~~s<200)s=200;r.height=s}if("link"===t.message)if(s=d.createElement("a"),a=d.createElement("a"),s.href=r.getAttribute("src"),a.href=t.value,!o.test(a.protocol));else if(a.host===s.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(o);else{o=!0;for(var e,t,r,s=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=d.querySelectorAll("iframe.wp-embedded-content"),n=0;n<i.length;n++){if(!(r=(t=i[n]).getAttribute("data-secret")))r=Math.random().toString(36).substr(2,10),t.src+="#?secret="+r,t.setAttribute("data-secret",r);if(s||a)(e=t.cloneNode(!0)).removeAttribute("security"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:"ready",secret:r},"*")}}}}(window,document); </script> https://www.ebf.eu/wp-content/uploads/2018/01/Untitled-5.jpg1366450The management of climate risk is one of the major challenges for banks right now and in the future. The Basel Committee on Banking Supervision has taken the lead at global level. The principles to be defined by the BCBS will be crucial for global harmonization and setting the direction of climate risk management.