#climate – Utkarsh Majmudar

𝐂𝐥𝐢𝐦𝐚𝐭𝐞 𝐟𝐢𝐧𝐚𝐧𝐜𝐞: 𝐁𝐞𝐲𝐨𝐧𝐝 𝐮𝐫𝐠𝐞𝐧𝐭

We are at the doorsteps of 2030, the year designated to reduce the global temperature increase to 1.5°C, and the picture is gloomy. Finance is a critical ingredient to saving our planet. And it seems to be in short supply. According to the IMF, the Asia-Pacific region faces a climate financing shortfall of at least $800Continue reading “𝐂𝐥𝐢𝐦𝐚𝐭𝐞 𝐟𝐢𝐧𝐚𝐧𝐜𝐞: 𝐁𝐞𝐲𝐨𝐧𝐝 𝐮𝐫𝐠𝐞𝐧𝐭”

Climate Risk and Banks’ Credit Losses

Banks face two kinds of risks – risk from physical events and risk from transition to a net zero economy. A recent report in Bloomberg raises an important question about the time frame in which losses from loans made to high-carbon industries that contribute the most to global warming may become financially material for theContinue reading “Climate Risk and Banks’ Credit Losses”