Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Financial institutions worldwide are actively studying ways they can integrate climate risk management into their more traditional risk frameworks Conscious that climate change affects all sectors of the economy, financial institutions are realising the significant impact this will have on their Read More …
To address growing climate risks, businesses will have to set aside an increasing share of their cash flows. Hurricanes, wildfires, and the rise in sea levels impose costs on firms, both in preparation and response to these disasters. As the Read More …
A domain centric approach could help through global intergovernmental risk mitigation mechanisms In recent climate finance reports, almost all think tanks, development finance and multilateral banks have outlined the need for ‘De risking climate finance’ or ‘leveraging public finance’, or Read More …
The Surge in Climate Risk Reporting An average of $2.5 trillion—or 1.8% of global financial assets—would be at risk from climate change if global temperatures rise over 2.5℃ by 2100. Given that climate change imposes a risk to the world’s assets, Read More …
The U.S. Securities and Exchange Commission (SEC) voted recently to move a proposal forward that would require publicly traded companies to disclose the financial risks they face from climate change. These rules aim to bring corporate obligations for the disclosure of climate Read More …
The OCC issued draft Principles for Climate-Related Financial Risk Management for Large Banks. . The draft principles provide banks with “a high-level framework for the safe and sound management of exposures to climate-related financial risks, consistent with the existing risk management Read More …