# Climate Change Raises Corporate Financial Risks; BOJ Urged to Review Its Expanded Balance Sheet Through a Climate-Financial-Risk Lens

https://mins.news/en/item/13052

- Toyo Keizai, 2026-08-04 21:30 UTC
- Economy
- Original: https://toyokeizai.net/articles/-/952712?utm_source=rss&utm_medium=http&utm_campaign=link_back

> New challenges, including climate-change risks and the deterioration of natural capital, are emerging as the Bank of Japan pursues monetary-policy normalization. The way environmental risks are incorporated into its vast asset management could have serious consequences for market stability and the economy as a whole. The article calls on the BOJ to reconsider its expanded balance sheet from the perspective of climate-related financial risk.