28. When setting scenarios involving environmental risks, institutions should consider …

When setting scenarios involving environmental risks, institutions should consider, consistently with the identification of the transmission channels, a number of intertwined factors to ensure that the scenarios are as relevant as possible. Namely, institutions should consider the following:

• a. socioeconomic context, i.e. assumptions about global or regional socio-economic conditions, including population growth, economic development and social inequalities; and other macroeconomic factors, including inflation and monetary policies, increased protectionism;
• b. technological evolution, i.e. the level and pace of innovation, technological adoption, and the availability of infrastructure to support new technologies;
• c. consumer preferences, i.e. potential shifts in consumers’ appetite for goods and services considered as sustainable, locally produced, healthy.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA -

  EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

  DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.