I propose a simple indicator of climate-related transition risks of banks’ lending activity based on transaction-level loan  data. The underlying idea is that the higher the greenhouse gas intensity of an economic activity (and so a debtor), the  higher its transition risk. Recent Hungarian trends of this indicator alerts to significantly regrowing risks.

JEL codes: C43, G21, Q54
Keywords: climate change, transition risk, greenhouse gas intensity, lending activity, risk indicator.