https://www.scientificamerican.com/article/how-a-climate-stress-test-can-foresee-collapsing-banks/

Governments around the world are gearing up to use an old regulatory tool for a new purpose: protecting the economy from climate change.

Financial regulators for years have used “stress tests” to gauge whether major banks are prepared to stay afloat amid extreme, unanticipated—yet entirely plausible—economic shocks. They were widely implemented in the United States and abroad following the 2007-08 global financial crisis to help prevent systemwide catastrophes down the line.