Can climate change be fought through smart financing? The goal of Net Zero Emissions by 2050 requires massive investments and Green RWA is convinced that banks have a vital role to play. In their view, economic and environmental goals are not opposed, but rather can work hand in hand. What’s missing today is a model for banks to assess economic and climate-related risks and rewards. With such a tool, banks can make financially sound lending decisions that drive the greatest positive
environmental impact. Green RWA announced today that FORRS has joined Green RWA as its first corporate member. FORRS, a Germany consultancy, will support Green RWA, advising banks on climate risk assessment, as well as implementing appropriate models and identifying the relevant data sources to feed these models.