OCC seeks papers, research for presentations on climate risk

The national banking regulator is soliciting papers and research that will inform the agency’s work developing climate-related financial risk management guidance for regulated institutions, the agency said Friday.

The Office of the Comptroller of the Currency (OCC) said it will select six to 10 of the submissions – academic-focused papers and policy-focused research on climate risk in banking and finance – for presentation to the agency June 6-7, 2022. This event will be limited to invited presenters and discussants of selected papers and OCC staff, it said.

“The June meeting will provide a platform for interested academic, regulatory, and other experts to meet and provide research on the interaction of climate change and the financial system,” the OCC said in a release.

Areas of interest include but are not limited to:

  • physical risks directly arising from climate change;
  • transition risks from climate policies, technological innovation, consumer sentiment, or investor sentiment;
  • differential community impact;
  • climate risk modeling and stress testing;
  • environmental, social, and corporate governance ratings and regulatory reliance.

Submissions are due March 11, 2022. Those interested may submit papers or a one-page extended abstract/executive summary to EconClimateRiskSymposium@occ.treas.gov. The papers must represent original and unpublished research, the OCC said.

More information on the above interest areas and participation in the June event is online at www.occ.gov/climate.

OCC Solicits Academic Papers, Research on Climate Risk in Banking and Finance