Assuming a given set of socioeconomic drivers, technologies and policies, we then need to translate climaterelated risks and mitigation pathways for finance risk assessments, ideally at the asset level. The same holds for digital innovations. For example, there is no one-size-fits-all supervisory response for all types of crypto tokens; each individual case must be assessed on its own merits.
This in turn requires going into the nitty-gritty of the business case and understanding its technological features along with its legal classification. Third, they are horizontal topics that don’t easily fit into the organisational structure of supervisory institutions. That makes grasping the topics in their entirety and treating them consistently difficult.