The Financial Stability Board considers the implications of climate change for financial stability in a report published on 23 November 2020. The report considers climate risk in the context of the credit, liquidity and counterparty risk and assesses cross-border and systemic risks like self-reinforcing cycles of credit contraction and reduced insurance provision.
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Sectors: Buildings, Finance
Country / Region: Global, Switzerland
Tags: climate change, climate risks, corporate reporting, global climate, insurance, risks, SMARTERIn 5 user collections: Green Home Investment Platform – Industry Regulators , Green Home Investment Platform – National Regulators , Green Home Investment Platform – Supranational Regulators , Green Home Investment Platform – Institutional Investors , Green Home Investment Platform – Banks
Knowledge Object: Web Resource