IDB Invest’s Post

Climate risk management is more critical than ever for companies trying to understand possible climate futures. The NGFS and IPCC scenarios are foundational tools in this domain, but they come with some limitations. In our latest blog post, we explore these limitations and make the case for a comprehensive approach to climate scenario analysis. Discover why integrating additional data and tailored insights is essential for effective risk management. 🔍 Read the full blog post here: https://okt.to/Vfztkh #ClimateChange #RiskManagement #oxfordeconomics

When it comes to managing financial risk, having a good understanding of the potential range of climate change impacts can be powerful in developing an effective risk management strategy. This article provides an in-depth look at climate scenarios, including their history, how they’re built and why they’re important. https://ow.ly/uTjT50PQVnV #SmarterWaytoManageClimateRisk #RiskManagement #WTWperspective #ClimateChange

What are some best practices for integrating climate risk considerations in risk management and regulatory reporting and how financial leaders can best prepare for the challenges? 🌱🌿 See our latest Q&A with Dharrini Bala Gadiyaram, Global Head of Enterprise Risk Product at Bloomberg ➡️ https://bloom.bg/4aNkrYj #SustainableFinance #Regulation #ESG

Three strategies the world's financial institutions will need to navigate climate change, according to the World Economic Forum: • Risk identification • Risk measurement And perhaps the most important: • Risk integration - or building climate risks into existing risk management processes. These strategies will not only protect against future losses, but enable these institutions to transition to greener portfolios much faster. #ClimateFinance #ClimateRisk #RiskManagement

The Prudential Authority released the Climate Risk Practices Observation Report, providing high-level feedback on the discussions held with selected financial institutions in 2023 as a ‘flavour-of-the-year’ topic. The information is particularly useful for banks and insurers as they deepen their understanding, practices and risk management approaches to climate risks. Read here:https://bit.ly/3V2jxm7 #Climatechange #climaterisk

Learn more ways that MSCI Climate Solutions can be used by risk management teams to add climate dimensions to their existing risk analysis. http://ms.spr.ly/60489JZpK #ClimateInvesting #Climatedata #ClarityDrivesAction

Learn more ways that MSCI Climate Solutions can be used by risk management teams to add climate dimensions to their existing risk analysis. http://ms.spr.ly/60489JZpK #ClimateInvesting #Climatedata #ClarityDrivesAction

📅 Tomorrow is the last webinar in the Global Risk Forecast 2024 series. It’s your last chance to register - join our intelligence analysts, who will discuss the effects of climate change on the environment and its likely impact on business operations. Register now to hear information that will inform your risk planning, keep people safe, and help you achieve business resilience: https://ow.ly/l6LM50QVNe8. #RiskIntelligence #RiskManagement #WeatherEnvironment

Our final webinar in the GRF series: The Impact of Climate Change. Geez, is there any person or business that hasn't been feeling that impact more and more each year?? Our Crisis24 Global Intel team includes analysts with weather and environment expertise to help risk professionals stay on their toes and adapt. Click below link to access the on-demand webinar and hear what they have to say. #riskintelligence #globalintelligence #climaterisk #environmentalrisk #riskmanagement #businesscontinuity #businessresilience

🌐 The 2024 World Economic Forum (WEF) Global Risks Report is a roadmap for businesses in the face of uncertainty. 📈 Our blog post breaks down the key takeaways and emphasises the critical role of climate transition risk management. Learn more and read the full post here: https://lnkd.in/gg4qxgv4 #ClimateRiskManagement #ClimateTransitionStrategies #BusinessResilience