Making European lenders disclose the amount of ‘green assets’ they hold will reveal little about the climate risks they are exposed to, and could muddle the existing regulatory framework for measuring risk and capital adequacy, banks say. A proposal released by the European Banking Authority (EBA) on March 1 would require large financial institutions to publish a ‘green asset ratio’ (GAR) as part of their Pillar 3 disclosures. The GAR would show the percentage of loans, debt and equity