Climate Risk Management and Sustainable Finance: The Role of Financial Institutions in the European Context
気候リスク管理とサステナブルファイナンス：欧州コンテキストにおける金融機関の役割 (AI 翻訳)
D. Khalfallah, Oumaima Haj Ammar, Hana Bejaoui, Abderahman Rejeb, Sándor Remsei
🤖 gxceed AI 要約
日本語
本論文は、欧州金融機関における気候関連リスクのガバナンス・リスク評価・規制への統合状況をレビュー。2015～2026年の文献を対象に、物理的リスク・移行リスク・責任リスク、及び気候ストレステストやシナリオ分析等の評価手法を分析。結果、気候への配慮はガバナンスに組み込まれつつあるが、データや方法論の制約により実装が断片的であることを指摘。金融安定性理論と制度理論を基に、規制野心と実践のギャップを説明し、監督政策・開示標準化への示唆を提供。
English
This paper reviews how European financial institutions integrate climate-related risks into governance, risk assessment, and regulation. Based on a literature review from 2015-2026, it analyzes physical, transition, and liability risks along with tools like climate stress testing and scenario analysis. Findings show growing integration but fragmented implementation due to data and methodological limitations. Using financial stability and institutional theory, it explains the gap between regulatory ambition and practice, offering implications for supervision and disclosure standards.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
欧州の事例は、日本でも金融機関の気候リスク管理（SSBJ開示や有報対応）が進む中で、規制と実務のギャップを埋める示唆となる。データや方法論の課題は日本でも共通であり、本レビューは日本の金融規制当局や機関投資家にとって、気候リスク統合の国際的なベストプラクティスを理解するのに有用。
In the global GX context
This European-focused review is valuable globally as it systematically identifies implementation gaps in climate risk management, directly relevant to ISSB and other disclosure frameworks. It provides a theoretical foundation for understanding why regulatory ambition often outpaces institutional practice, offering lessons for standard-setters and financial supervisors worldwide.
👥 読者別の含意
🔬研究者:Provides a theoretical framework (financial stability and institutional theory) to explain persistent implementation gaps in climate risk management.
🏢実務担当者:Highlights fragmented practices and methodological challenges that financial institutions can address to improve climate risk integration.
🏛政策担当者:Offers insights for supervisory policy and disclosure standardization to bridge the gap between regulation and practice.
📄 Abstract（原文）
Climate-related financial risks have become a central concern for financial institutions and regulators, particularly within the European financial system. This paper examines how climate-related risks are integrated into governance, risk assessment, and regulatory practices in European financial institutions. Using a structured narrative literature review of academic and institutional sources published between 2015 and 2026, the study synthesizes evidence on physical, transition, and liability risks, as well as the frameworks and tools used to assess them, including climate stress testing, scenario analysis, and climate value-at-risk models. The findings indicate that climate considerations are increasingly embedded within governance structures and supervisory frameworks; however, implementation remains fragmented due to inconsistent data, methodological limitations, and institutional barriers. The review further highlights that existing risk models often struggle to capture the long-term and non-linear nature of climate-related uncertainty. This paper contributes to the literature by linking financial stability theory and institutional theory to explain the persistent gap between regulatory ambition and institutional practice within the European context. The study concludes by discussing implications for supervisory policy, disclosure standardization, and climate-risk integration in financial decision-making.
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://doi.org/10.3390/jrfm19050373first seen 2026-05-23 05:56:31 · last seen 2026-05-27 05:05:16
🔔 こうした論文の新着を逃したくない方は キーワードアラート に登録（無料・3キーワードまで）。
gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。