News release
Today the Bank of England has announced the publication of the Biennial Exploratory Scenario (BES) results, which will be published on 24 May 2022.
The objective of the Climate BES is to explore the financial risks posed by climate change for the largest UK banks and insurers (participants). Further background on the Climate BES can be found in the Key elements document of the 2021 Biennial Exploratory Scenario.
Notes to editors
- Details on the second round of the Climate BES
- Key elements of the 2021 Biennial Exploratory Scenario: Financial risks from climate change: 08 June 2021
- News Release: Bank of England publishes the key elements of the 2021 Biennial Exploratory Scenario: Financial risks from climate change
- News Release: The Bank of England is restarting the Climate Biennial Exploratory Scenario (CBES): 13 November 2020