INTERNATIONAL GREEN FINANCE CONFERENCE Budapest 15 November 2019 - - PowerPoint PPT Presentation

▶

Nov 07, 2022 10 likes •97 views

INTERNATIONAL GREEN FINANCE CONFERENCE Budapest 15 November 2019 Irene Heemskerk NGFS Secretariat Banque de France Climate change leads to financial risks Primarily physical risks Primarily transition risks Source: Netherlands

SLIDE 1

INTERNATIONAL GREEN FINANCE CONFERENCE

Budapest– 15 November 2019 Irene Heemskerk – NGFS Secretariat Banque de France

SLIDE 2

SLIDE 3

Primarily physical risks Primarily transition risks

Source: Netherlands Environmental Assessment Agency

Climate change leads to financial risks

SLIDE 4

SLIDE 5

First Progress Report – Oct 2018 NGFS Members acknowledge that climate-related risks are a source

f financial risk.

It is therefore within the mandates

f Central Banks and Supervisors

to ensure the financial system is resilient to these risks.

SLIDE 6

NGFS report “A call for action” - Six recommendations

SLIDE 7

Upcoming NGFS publications

Guide for integrating climate risks into supervision
Overview of Environmental Risk Analysis by financial institutions
Reference scenario’s & guidelines – analytical framework to assess

the impact of climate related risks on the economy and the financial stability

What will the financial sector notice?

NGFS: what’s next?

SLIDE 8