Saltar la navegación
Climate Change and Financial Risk
Article

Climate Change and Financial Risk

Central banks and financial regulators are starting to factor in climate change



Editorial Rating

7

Qualities

  • Overview
  • Background
  • Hot Topic

Recommendation

Climate change is becoming a hot topic in the financial world. In this cogent article, IMF experts Pierpaolo Grippa, Jochen Schmittmann and Felix Suntheim provide a broad overview of the economic risks associated with climate change and how the financial sector can help to mitigate them. Their text is clear and accessible, and especially suitable for risk analysts and those interested in learning how climate change is affecting investor behavior.

Take-Aways

  • The financial costs of climate risks remain unknown.
  • Climate change mitigation presents an opportunity for the financial sector.
  • Better data will produce better climate risk analyses.

About the Authors

Pierpaolo Grippa and Felix Suntheim are professionals in the IMF’s Monetary and Capital Markets Department. Jochen Schmittmann is an IMF representative in Singapore.


Comment on this summary or Comenzar discusión