Skip to main content

Mandatory climate risk disclosures moves closer

by Mitch Groves, Jun 22
1 minute read

In the recent G7 summit, finance misters backed moves to force banks and financial institutions to disclose their exposure to climate-related risks.

So what?

When deciding where to allocate capital, financial institutions need to understand the risks associated with potential assets. By mandating the disclosure of climate-related financial risks, governments are forcing financial institutions to appraise their investments based upon their exposure to these climate related risks. This should ensure that capital is allocated towards climate resilient assets, thus, creating a financial system that is more resilient in the context of a warming world.

Sources

Details

  • Location: United Kingdom
  • Topic: Climate changeEconomy & business
  • Other Tags: Climate Economics
by Mitch Groves Spotted 14 signals

Masters student exploring ideas around climate change

Have you spotted a signal of change?

Register to receive the latest from the Futures Centre.
Sign up

  • 0
  • Share

Join discussion

Related signals

Our use of cookies

We use necessary cookies to make our site work. We'd also like to set optional analytics cookies to help us improve it. We won't set optional cookies unless you enable them. Using this tool will set a cookie on your device to remember your preferences.

For more detailed information about the cookies we use, see our Cookies page.

Necessary cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Analytics cookies

We'd like to set Google Analytics cookies to help us to improve our website by collecting and reporting information on how you use it. The cookies collect information in a way that does not directly identify anyone. For more information on how these cookies work, please see our 'Cookies page'.

>