Optimising climate-related risk, building resilience and ensuring financial stability

Sustainable finance has seen a retraction in the last 12 months. Banks have continued large-scale funding of oil and gas in the US, while environmental, social and governance investment has faced enormous conservative backlash. Asset managers have shown reluctance to identify assets as ‘sustainable’ under increased regulatory scrutiny and questioning over the labelling of funds.

Yet the risk climate change poses to the economy and financial sector is increasingly evident, and it is more important than ever to understand and mitigate these risks.

This roundtable will explore the role climate risk plays in financial stability, the implications for assets and portfolios and how to mitigate and integrate these risks into strategies and tools for building resilience. It will discuss expectations and the latest developments from regulators, standard-setters and policy-makers.