Climate risk and its implications for the banking sector and the real economy
SustainAbility School #59
By attending this webinar, you will learn about:
Climate Risk Monitoring in Romania's Banking Sector: The climate risk monitoring dashboard tracks the effects of climate change on Romania's banking sector, aligned with the National Committee for Macroprudential Oversight’s recommendation;
Types of Climate Risks: Physical Risks: Impacts due to extreme weather (e.g., floods, droughts, high temperatures) that affect sectors such as agriculture and utilities, Transition Risks: Risks associated with policy, market, or technological changes as Romania shifts to a low-carbon economy;
Indicators of Economic Impact: Key metrics include greenhouse gas (GHG) emissions, carbon productivity, renewable energy usage, and sector-specific vulnerabilities;
Impact on Non-Financial Companies: A climate survey assesses companies' resilience to climate risks, including energy cost impacts and the capacity for carbon emission assessments;
Green Finance and Government Policies: Green bonds and green loans are emerging financing tools. The EU Emissions Trading System (ETS) influences carbon pricing, encouraging investment in sustainable projects;
SustainAbility School este un program de educație dedicat exclusiv angajaților din organizațiile membre ale Ambasadei Sustenabilității în România prin programul Coaliția România Sustenabilă.