Climate change has become a main concern of ministries of finance, central banks, and financial regulators. In response, a suite of scenarios and tools have been developed to assess the financial risks from physical climate shocks (for example, hurricanes, droughts, wildfires, flooding). However, those scenarios do not fully capture such shocks, which could lead financial institutions to underestimate the potential scale of climate risks and underprice...
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DETALHES
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2022/02/01
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Report
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168725
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1
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1
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2022/02/15
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Disclosed
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Assessing Financial Risks from Physical Climate Shocks : A Framework for Scenario Generation
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Equitable Growth