Bank for International Settlements (BIS) and central banks develop artificial intelligence (AI) tool to enable climate risk analysis.

Bank for International Settlements (BIS) and central banks develop artificial intelligence (AI) tool to enable climate risk analysis.

Bank for International Settlements (BIS) and central banks develop artificial intelligence (AI) tool to enable climate risk analysis.

In a collaborative initiative dubbed “Project Gaia”, the BIS, Bank of Spain, European Central Bank and Deutsche Bundesbank, have developed a generative AI tool to help measure climate risks in the financial system.

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