Financial firms and climate risk assessment

Fraser of Allander Institute; Callum McGrath

Financial firms and climate risk assessment

Fraser of Allander Institute, Callum McGrath

Economics

Research output: Contribution to journal › Article

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Abstract

2021 has been characterised by, among other things, headline-grabbing heat waves, wildfires, and flooding, as well as the UN Climate Change Conference due to take place in Glasgow this October and November. As physical risks are increasingly realised each year and talk from governments on addressing climate change takes a more dire tone, the financial sector is being encouraged to adopt measures to mitigate against these risks. This article briefly discusses the issues faced by the financial sector and central banks with regard to the risks associated with climate change.

Original language	English
Number of pages	5
Journal	Fraser of Allander Economic Commentary
Volume	45
Issue number	3
Publication status	Published - 30 Sept 2021

Keywords

Scottish population
Covid-19 pandemic
mental health
wellbeing

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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Cite this

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A2 - Brocek, Frantisek

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AB - 2021 has been characterised by, among other things, headline-grabbing heat waves, wildfires, and flooding, as well as the UN Climate Change Conference due to take place in Glasgow this October and November. As physical risks are increasingly realised each year and talk from governments on addressing climate change takes a more dire tone, the financial sector is being encouraged to adopt measures to mitigate against these risks. This article briefly discusses the issues faced by the financial sector and central banks with regard to the risks associated with climate change.

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KW - Covid-19 pandemic

KW - mental health

KW - wellbeing

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ER -

Financial firms and climate risk assessment

Abstract

Keywords

UN SDGs

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