PREMIUM CONTENT
This is premium content, available to Connect Plus users only
Unlock this content and more with Connect Plus membership.
Join a community of professionals and get:
Join a community of professionals and get:
15% discount
on all CeFPro events.
on all CeFPro events.
Post-event access:
unlock speaker decks and audience polls.
unlock speaker decks and audience polls.
Instant insights:
Full library access the moment you sign up.
Full library access the moment you sign up.
Event Q&A
Integrating Climate and Environmental Risk into Credit Provisioning
Marc Irubetagoyena discusses BNP Paribas' journey towards fully integrating climate risk into its credit provisioning framework, the practical challenges associated with data and modelling, and how geopolitical developments intersect with climate-related risk assessments. He also explores how banks can begin incorporating nature and biodiversity risk into existing frameworks and shares his perspective on the future of environmental risk provisioning.
Sep 24, 2026
Marc Irubetagoyena, Head of Modelling & Simulating, BNP Paribas
Tags:
ESG and Climate Risk
The views and opinions expressed in this content are those of the thought leader as an individual and are not attributed to CeFPro or any other organization
- BNP Paribas fully integrated climate risk into its IFRS 9 framework by year-end 2025.
- Climate overlays were removed following the completion of the bank's climate modelling framework.
- Data availability remains a key challenge for environmental risk modelling.
- Climate risk is currently assessed at client level, while geopolitical risk is evaluated more broadly at sector and geographic levels.
- Nature and biodiversity risk frameworks are expected to build upon existing climate risk methodologies.
- Environmental risks will become increasingly integrated into provisioning models over the coming years.
Log in to continue or register for free
WHAT'S INCLUDED:
Unlimited access to peer-contribution articles and insights
Global research and market intelligence reports
Discover Connect Magazine, a monthly publication
Panel discussion and presentation recordings
Related insights —