US banks seek to open vendors’ black box on green data
US banks seek to open vendors’ black box on green data
www.risk.net US banks seek to open vendors’ black box on green data - Risk.net
Inaugural Fed climate scenario analysis flags lack of transparency around third-party models
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This is likely to become an issue with climate modeling as well, as interested parties attempt to poison the discourse with fake analysis and phony effects models. Perhaps, with the banks, the Fed should require the use of open, peer-reviewed models and reject the use of any closed-source model.