“All scenarios are wrong, but some are useful”—Toward a framework for assessing and using current climate risk scenarios within financial decisions

In response to a growing awareness of the potential impact of climate change on financial stability, academics, financial institutions (FIs), central banks and supervisors (CB&S) have developed a suite of scenarios and analytical tools to assess forward-looking climate-related financial risk...

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Bibliographic Details
Main Authors: Moritz Baer, Matteo Gasparini, Ryan Lancaster, Nicola Ranger
Format: Article
Language:English
Published: Frontiers Media S.A. 2023-07-01
Series:Frontiers in Climate
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fclim.2023.1146402/full