Submission to Bank of England consultation CP10/25 — Enhancing banks’ and insurers’ approaches to managing climate-related risks — Update to SS3/19

This report consists of a submission by the Earth Capital Nexus initiative, hosted by the Grantham Research Institute on Climate Change and the Environment, made in response to the open consultation by the Bank of England CP10/25 — Enhancing banks’ and insurers’ approaches to managing climate-related risks — Update to SS3/19. This consultation represents an important step forward in safeguarding the stability and competitiveness of the UK financial system in the face of accelerating environmental change.