The Impact of Climate Change on Banking Risk Management: Strategies for Sustainable Finance
The Impact of Climate Change on Banking Risk Management: Strategies for Sustainable Finance

Author(s): Georgi Georgiev
Subject(s): Economy, Energy and Environmental Studies, Financial Markets
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: climate change; banking risk; liquidity; sustainable finance; framework
Summary/Abstract: Climate change introduces a complex network of risks that directly and indirectly influence the stability of the banking sector. These risks, usually classified as physical, transition, and liability risks, interact with traditional financial risk categories, including market, credit, liquidity, and operational risks. The connection between these elements forms a critical web through which environmental disruptions can evolve into systemic financial vulnerabilities.

• Details
• Contents