On 29 January 2026, the European Banking Authority (EBA) published a consultation on draft amendments to its guidelines (EBA/GL/2020/13) on the appropriate subsets of sectoral exposures to which competent or designated authorities may apply a systemic risk buffer, with the aim of addressing systemic risks stemming from climate change.
The revised Guidelines have been developed on the basis of Article 133 of the Capital Requirements Directive (EU) 2024/1619 (CRD VI), as amended, which clarifies that the systemic risk buffer may be used to address risks arising from climate change.
Summary
In particular, the draft revised guidelines aim to introduce greater granularity in identifying exposures subject to physical and transition risks related to climate change, through enhanced sectoral and geographical classifications.
The amendments also incorporate lessons learned from the implementation of existing systemic risk buffer measures across Member States, with the objective of improving their design, monitoring and reciprocation.
Next steps
The EBA has asked for feedback on the draft guidelines by 30 April 2026.