Sustainability and Financial Risks : The Impact of Climate Change, Environmental Degradation and Social Inequality on Financial Markets /: The Impact of Climate Change, Environmental Degradation and Social Inequality on Financial Markets. (2020)

• Record Type: Book
• Further Information: Note: Marco Migliorelli, Philippe Dessertine.
• Editors: Migliorelli, Marco; Dessertine, Philippe
• Contents: 1. An Overview of the Sustainability-Financial Risk Nexus 1.1 The Role of Finance in Fostering Sustainability: A Literature Review1.2 Sustainability-related Risks and Possible Channels of Transmission into the Financial Markets1.3 Physical Risk, Transaction Risk and Liability Risk1.4 Distressed Commodity Markets and Financial Markets1.5 The Potential Role of Social Inequality1.6 Pricing the Risks and Market Failures 2. The Impact of Climate Change on the Banking and Insurance Industries 2.1 Impacts on the Insurance Industry2.2 Impacts on the Banking Industry2.3 The Problem of Measuring Exposure to Sustainability-related Risks 3. The Transition to a Low-carbon Economy and Stranded Assets 3.1 Definition of Stranded Assets3.2 Uncertainties on the Definition of 'Sustainable'Activities3.3 Policy Decisions and the Value of Productive Assets3.4 Management of Stranded Assets 4. Sustainability-related Risks, Risk Management Frameworks and Financial Disclosure 4.1 The Need for Forward-thinking Frameworks in Risk Management4.2 Potential Approaches to Account for Sustainability-related Risks4.3 Disclosure of Sustainable Activities and Related Risks4.4 The Role of Corporate Governance in Managing Sustainability-related Risks 5. Potential Solutions for Tackling the Sustainability-Financial Risk Nexus 5.1 Rating Systems and Sustainability-related Risks5.2 Sustainable Assets and Prudential Regulation Requirements5.3 Carbon Budgets5.4 Disclosure on the Carbon Intensity of Different Assets5.5 Sustainable Finance and Mitigation of Sustainability-related Risks: Where We Stand 6. Sustainability-related Risks and Financial Stability: A Systemic View and Preliminary Conclusions. 6.1 The Increasingly Important Impact of Sustainability on Financial Stability6.2 Key Policy Implications6.3 A New Role for Central Banks?.
• Publisher Details: Cham : Palgrave Macmillan
• Publication Date: 2020
• Copyright Date: 2020
• Extent: 1 online resource (143 pages)
• Subjects: Finance; Risk management; Environmental policy; Sociology; Sustainable development; Bank marketing; Business & Economics -- Finance; Political Science -- Public Policy -- Environmental Policy; Social Science -- Sociology -- General; Science -- Environmental Science; Finance; Central government policies; Sociology; Sustainability; Financial services industry; Business & Economics -- Insurance -- Risk Assessment & Management; Management & management techniques; Economic development projects--Finance
• Languages: English
• ISBNs: 9783030545307
• Related ISBNs: 9783030545291
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.