In the latest episode of Financing the Future, we speak to Frank Elderson, Member of the Executive Board of the European Central Bank to discuss how prudential transition plans can help banks mobilize finance towards the transition, how banks can tackle physical risks going forward, how nature-related risks are being addressed and what is to come next.

Frank discusses how ECB banking supervision has worked intensively with the sector to improve preparedness to manage climate and nature-related risk, addresses what banks are doing well and where more progress in needed. He dives deep into prudential transition plans against the backdrop of the green transition and EU competitiveness, and how financing the gap for transition technologies could help meet the EU’s climate objectives.

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