BOJ's Kuroda warns of climate-related risk for financial stability

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Thursday climate-related risk is an example of new issues central banks must face in maintaining financial stability.Natural disasters, such as the strong typhoon that struck Japan in October, may erode asset and collateral value, and the associated risk may pose a significant challenge for financial institutions, Kuroda said."Climate-related risk differs from other risks in that its relatively long-term impact means that the..