Transition and Systemic Risk in the South African Banking Sector: Assessment and Macroprudential Options
Pierre Monnin, Ayanda Sikhosana and Kerschyl Singh | 22 July 2024Monetary, Working Papers | Tags: Central Banks, Climate Risks, Financial Stability, Macroprudential Policy, South Africa
This paper presents the main transition risks for the South African banking sector, highlighting that the coal value chain is central to these risks. It assesses the banking system’s exposure to transition risks in the corporate sector, showing that they are material and widespread. ... continue reading