The insurance industry and other institutional investors have begun to take climate and CO2 risks into consideration. This paper presents an overview of the climate change risks and financial sector.Zobaa, A.F.Satellite Communications, 1996. Proceedings of ICSC '96...
This chapter discusses the impact of climate risks on the financial stability of Chinese banks, drawing on research conducted by Zhang et al. (2024). Despite the absence of formal inclusion of climate risks in the policy framework of Chinese authorities,
First, we analyse the impact of climate risk on the financial performance of listed electric power companies in China. Second, this paper adopts the perspective of the supply chain and elaborates on the possible risks of climate change from supply and transmission-distribution sides of the ...
Climate Change and Financial Stability (Finansinspektionen, 2016). Assessing Climate Change-Related Risks in the Banking Sector (Direction Générale du Trésor, Banque de France and ACPR, 2017). Thomä, J. et al. Transition Risk Toolbox: Scenarios, Data and Models (2° Investing Initiative, ...
The impact of climate change will prompt substantial structural adjustments to the global economy. Such fundamental changes will inevitably impact the balance sheet and the operations of banks, leading to both risks and opportunities. While mortgage portfolios in coastal areas may be exposed to the ph...
The objective of these guidelines is to improve transparency on the risks related to climate change and the usefulness of this information for the financial sector, allowing it to take into account the risks related to climate and the way in which each organisation is managing them.TCFD report:...
Climate Change Modeling and Vulnerability Assessment Our experts conduct analysis of changing climate norms, evaluate the vulnerabilities of organizations, infrastructure and assets and analyze interdependent risks. Identifying Opportunities WSP helps clients unlock the opportunities associated with a changing clim...
climate change is likely to increase the uncertainties facing capital markets. For example, increased risks of wildfires, floods, and droughts will increase the potential losses for insurers and investors. These uncertainties are likely to result in higher long-term costs for the financial sector.由于...
Preliminarily, MiCAR establishes a comprehensive framework governing the issuance and servicing of crypto-assets not otherwise regulated by existing financial legislation. It seeks to foster sustainable innovation while addressing risks to consumers, financial stability, and market integrity. In line with thi...
In recent years, the investment community has become increasingly aware of the investment risks from both the physical effects of climate change and the regulatory responses to facilitate the transition to a net-zero economy. The potential impact of climate transition risks is especially large for fo...