Climate Risk Division News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Climate change effects are on the radar of central banks, financial regulators, and supervisors. Climate-related and environmental risks can affect financial stability, but they also provide new green finance opportunities: the financial sector can become a major driver in mobilizing trillions of the highly needed climate finance. As successful climate action requires a whole-of-economy approach, so too does ‘greening’ the financial sector demand a ‘whole-of-financial sector’ approach.

As concerns about the ecological and financial impacts of climate change have grown in recent years, so has the interest of insurance regulators in the exposure of the insurance...

Climate change continues to preoccupy the public and policymakers, and a number of legal and regulatory initiatives in the US, UK, and elsewhere are currently underway that may affect...

Insurance companies play a special role in creating climate change resilience—a role that was at the forefront of many discussions at the United Nations’ (UN) climate change summit, Conference of the Parties (COP26), held in Glasgow, Scotland, in November 2021.

As concerns about the ecological and financial impacts of climate change have grown in recent years, so has the interest of insurance regulators in the exposure of the insurance...