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Asia-Pacific

Japan Climate Scenario Analysis Reveals Inconsistencies

Results highlight need for institutions to use common assumptions, refine analysis of individual companies and enhance methodologies.

Japan's Financial Services Agency (FSA) and the Bank of Japan (BOJ) have published the results of a pilot scenario analysis exercise on climate-related risks in its finance sector. The exercise was conducted in cooperation with three major banks and three major non-life insurance groups, using scenarios published by the Network…

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