OCC Solicits Academic Papers on Climate Risk

On 12/3/21, the Office of the Comptroller of the Currency (OCC) announced that it is soliciting academic-focused papers and policy-focused research on climate risk in banking and finance for presentation to the agency on June 6-7, 2022. Information gathered will help OCC in developing climate-related financial risk management guidance for regulated institutions.

According to the agency, 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 event is limited to the presenters and discussants of selected papers and OCC staff. The OCC anticipates selecting six to 10 papers for presentation and discussion.

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.

OCC’s full announcement can be found here.

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