Climate Risk Management: Financial Services and Academia Explore the CP10/25 Proposed Requirements
16 June 2025 | In person, Nexus – University of Leeds
The UK Centre for Greening Finance and Investment (CGFI) Leeds Innovation Hub, in collaboration with the Bank of England are hosting an in person event in Leeds.
The Bank of England has recently released a new consultation paper (CP10/25) on enhancing banks’ and insurers’ approaches to managing climate-related risks.
To support the separate consultation process (responses can be sent to the official mailbox) UK CGFI and the Bank of England will jointly host an event to explore the paper and the latest academic research that will support firms in meeting the proposed requirements.
Representatives from the Bank and experts from industry and academia will discuss the updates to SS3/19 proposed in CP10/25; how businesses might address the proposed requirements; and the implications when physical climate risks and transition are considered in combination with nature and wider economic risks.
Please register your interest in attending below; if you have been allocated a place we will confirm your registration by email.
Registration Closes 31st May 2025
About the event
AGENDA
| Time | Session | Speakers |
|---|---|---|
| 10:00 | Registration and Refreshments | |
| 10:30 | Welcome | Prof Nick Plant, University of Leeds |
| 10:35 | Keynote Opening Address | Duncan Mackinnon, Bank of England |
| 10:50 | CP10/25: Development Insights and Objectives and Q&A | Nikolas Prassas, Bank of England Amy-Jane Burrell, Bank of England Dr David Wilkinson, Bank of England |
| 12:10 | Lunch and Networking | |
| 13:30 | Transition Pathways: Latest Academic Insights | Dr Gireesh Shrimali, University of Oxford / CGFI Dr François Lafond, INET – University of Oxford |
| Panel Discussion - navigating transition uncertainty and meeting the proposed requirements of CP10/25 | Dr Ajay Gambhir, ASRA Dherminder Kainth, Bank of England Billy Suid, CFRF Additional panellists TBA |
|
| 14:50 | Refreshments and Networking | |
| 15:30 | Physical Climate Pathways: Latest Academic Insights | Prof Jason Lowe OBE, UK CGFI/Met Office/University of Leeds |
| Panel Discussion - navigating climate uncertainty and meeting the proposed requirements of CP10/25 | Emily Estcourt, Bank of England Prof Jason Lowe OBE, UK CGFI Dr Kelsey Mulder, Liberty Mutual Rob Stevens, Nationwide Additional panellists TBA |
|
| UK CGFI – Bank of England Project: how and where climate change might directly impact UK residential property | Emily Estcourt, Bank of England Polly Foster, UK CGFI |
|
| 16:40 | Refreshments and Networking | |
| 17:20 | Panel Discussion - integrating climate, transition, nature and economic risks | Prof Iain Clacher, UK CGFI Dr Ajay Gambhir, ASRA Matt Scott, UK CGFI Additional panellists TBA |
| 18:00 | Closing Remarks | |
| 18:10 | Networking Reception |
SPEAKERS
Prof Iain Clacher
Professor of Pensions & Finance
University of Leeds
Co-Lead, Commercialisation & Supporting the Ecosystem, UK CGFI
Emily Estcourt
Senior Climate Risk Analyst,
Bank of England
Polly Foster
Intern,
UK CGFI
Prof Jason Lowe
Priestley Chair in Interdisciplinary Climate Research, University of Leeds
Co-Lead, Using Data and Risk Analytics, UK CGFI
Dr Dherminder Kainth
Bank of England
Dr François Lafond
Deputy Director, Complexity Economics Programme,
INET, University of Oxford
Duncan Mackinnon
Executive Director - Supervisory Risk Specialists
Bank of England
Dr Kelsey Mulder
Director of Cat R&D,
Liberty Mutual
Nikolas Prassas
Lead Policy Analyst - Prudential Policy Directorate,
Bank of England
Matt Scott
Executive Director,
UK CGFI
Dr Gireesh Shrimali
Head of Transition Finance,
UK CGFI
Oxford Sustainable Finance Group
Rob Stevens
Head of Property Risk,
Nationwide
Billy Suid
Head of Climate Risk,
Barclays
Dr David Wilkinson
Climate Lead - Supervisory Risk Specialists Directorate,
Bank of England
OBJECTIVES
- To hear from authors of CP10/25 who will provide an insight into the drivers for the proposed policy update and intend outcomes.
- To explore practical approaches for businesses to meet the proposed CP10/25 requirements.
- Facilitate dialogue between financial institutions and academic experts on the latest climate risk management strategies.
- To discuss how to integrate climate, nature, economy, and transition considerations.
- To provide a platform for industry leaders to connect, share insights, and collaborate on shaping final supervisory expectations.
Location
Nexus – University of Leeds, Discovery Way, Woodhouse, Leeds LS2 3AA
Contact
Patricia Grant
Leeds Innovation Hub Manager
UK CGFI Leeds │ University of Leeds
Contact: p.grant@leeds.ac.uk
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