Arbeitspapier
Climate transition risk stress test for the German financial system
This paper presents the methodology applied in the Deutsche Bundesbank's climate transition stress test for the German financial system, see Deutsche Bundesbank (2023). It discusses the construction of the transition scenarios underlying the analysis, including a long-run orderly scenario and a more disruptive short-term carbon price shock. Furthermore, the document shows the methodology for translating scenario impacts onto the asset level, which includes the consideration of firm-level carbon emission data where available. Finally, the impacts on the balance sheets of German banks, funds and insurers are discussed.
- Language
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Englisch
- Bibliographic citation
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Series: Technical Paper ; No. 04/2023
- Classification
-
Wirtschaft
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- Subject
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climate risks
stress testing
climate scenarios
financial stability
- Event
-
Geistige Schöpfung
- (who)
-
Frankovic, Ivan
Etzel, Tobias
Falter, Alexander
Gross, Christian
Ohls, Jana
Strobel, Lena
Wilke, Hannes
- Event
-
Veröffentlichung
- (who)
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Deutsche Bundesbank
- (where)
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Frankfurt a. M.
- (when)
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2023
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Frankovic, Ivan
- Etzel, Tobias
- Falter, Alexander
- Gross, Christian
- Ohls, Jana
- Strobel, Lena
- Wilke, Hannes
- Deutsche Bundesbank
Time of origin
- 2023
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