Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
For years, climate risk management inside Indian banks and financial institutions revolved around one thing: disclosure. Institutions built ESG reports, published sustainability statements, and mapped their exposure to climate policies largely to satisfy regulators, investors and rating agencies. That phase Read More …
Efforts in Malawi are increasingly moving from reactive disaster responses toward proactive climate risk management to strengthen resilience and protect vulnerable communities from climate‑related shocks, according to Food and Agriculture Organization of the United Nations. Officials and experts from government, Read More …
Strategic Planning to Mitigate Climate-Driven Challenges Key Highlights: Climate risks are categorized into physical and transitional risks, each requiring tailored disaster recovery strategies. Effective climate risk management involves assessment, integration, and execution. Opportunities like resource efficiency and renewable energy adoption Read More …
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 …
Banks and regulators wake up to climate risks For banks, the transformation begins now. Those that fail to navigate the path to a low-carbon economy could be slapped with billions of dollars in fines and settlements, warned Stuart Lewis, group Read More …
Insurance policies targeted at losses occasioned by climate risks such as drought, flooding and extreme heat present the next growth opportunity for Kenya’s under-performing insurance sector, experts say. Industry insiders say the industry is looking at developing products that include Read More …
Risk is “the potential for consequences where the outcome is uncertain and something of value is at stake” (Intergovernmental Panel on Climate Change). It has distinguishable elements including a hazard, exposure, vulnerability, response options, values, magnitude, likelihood, and temporal characteristics, and Read More …
To address growing climate risk, 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 …
In a widely anticipated rule published March 21, the SEC is proposing to require listed companies to disclose climate-related financial risks and metrics to investors. The SEC believes that the information will help investors make decisions about how climate change may Read More …
A key finding in the latest IPCC climate report has been widely misinterpreted, according to scientists involved in the study. In the document, researchers wrote that greenhouse gases are projected to peak “at the latest before 2025”. This implies that Read More …