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"Finance professionals make up a fraction of the global population but are positioned to make and incentivize decisions that can shape the trajectory of the globaleconomy," observed Ogechukwu Anyene, energy consulting manager at PowerAdvocate, who was part of the Emerging Leaders cohort at GreenBiz Group’s inaugural GreenFin event.
30 of our newest annual event: GreenFin , taking place in April. It drew the attention of a number of friends, colleagues and veritable strangers who wanted to discuss the event’s themes, tracks and topics. We’ll focus, as my learning journey did, primarily on ESG investing and greenbonds and loans. Let me explain.
Due to global warming, our climate risk models show that these natural hazards and severe weather events are becoming more frequent and severe. The insurance industry manages trillions of dollars in assets globally. Insurance can provide protection when these climate risks materialize.
Climate risk and resilience are largely modeled by insurance companies, looking at how a company’s assets may be affected by rising sea levels, extreme heat, increasing natural disasters and other future climate events as climate change worsens. They need to showcase they are having a positive impact on the climate as well,” said Free.
"We have an opportunity to extend the recent response of regulators, businesses and investors on climate change to nature; both are interrelated and both pose a systemic risk to the globaleconomy.". Mellody Hobson, Co-CEO and President, Ariel Investments. LinkedIn | Twitter.
Navigating climate-related financial risks Climate changes financial impact is becoming increasingly clear amid more extreme weather events temperature rises and more frequent storms, as well as increased droughts in some regions and rising precipitation in others. Extreme weather events are becoming more and more frequent and costly.
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