Session VIII

Litigation has the potential to help drive the transition to a net zero economy by holding corporations and financial entities to their net zero transition plans, and to re-allocate capital where liability risks are priced into financial decision-making. Yet the risks, opportunities and impacts of climate litigation are not widely understood by financial market participants, […]

Session IX

Current backward-looking financial risk management practices are insufficient to capture the long-term horizon and fundamental uncertainty associated with climate change. Various central banks have run or are planning to run forward-looking climate stress tests that examine the effects of a wide range of physical and transition risk scenarios on the stability of the financial system. […]

Session X

Physical risk is often seen as more remote than transition risk, particularly for wealthier countries. But COVID has taught us that risks can interact in complex ways and cascade globally. This session will draw upon the evidence on systemic risks related to physical climate shocks, including compound risks and cascading global physical risks. In this […]

Session XI

Sustainability-linked loans and bonds can effectively promote credible transitions by borrowers and issuers. Their main innovation lies in the way they tie the cost of capital with sustainability performance. As a new financial instrument, they face multiple challenges and risks. A few examples include the comparability, relevance and ambition of metrics, as well as the materiality […]