Climate Change as a New Financial Risk

Pierre Monnin, Fellow, Monetary Policy, Council on Economic Policies, Zürich. / For the premium version, please visit www.era.int/?12...
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In this e-presentation Pierre Monnin explores climate risks - physical risks vs transition risks related to climate change - from an economic perspective and euro-area financial institutions’ exposure to transition risks, as well as policy initiatives related to climate risk and financial stability.

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these concerns need to be discussed in light of fiduciary duty as well