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In the Wake of 2021's Costly Deluges, Europe's Banks and Insurers Face a Reckoning
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In the Wake of 2021's Costly Deluges, Europe's Banks and Insurers Face a Reckoning
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https://twitter.com/YaleE360
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In the Wake of 2021's Costly Deluges, Europe's Banks and Insurers Face a Reckoning With parts of Europe still recovering from last summer's devastating floods, the European Central Bank (ECB) is gauging how commercial lenders would cope if flood-prone real estate were to suddenly lose nearly half of its value.Read more on E360 → https://e360.yale.edu/digest/in-the-wake-of-2021s-costly-deluge-europes-banks-face-flood-related-stress-test By @YaleE360@twitter.com Read more at: https://UncensoredNews.US/global-floods #extremeweather #climate #climatechange #climatecrisis
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