You would see some impairment in the lending conditions, the standards would tighten. Then the 3/4  BIS central bankers' speeches  appropriate instruments are for example the TLTRO and how the central bank can influence lending conditions.
Turning to the risks to financial stability posed by climate change, one category relates to physical shocks such as a severe weather event or the cumulative deterioration in the sustainability of a given region as a location for production.ix Another category relates to various types of transition risks.