Overview
- Provides a clear understanding of the general framework of climate-related risks
- Showcases the key messages of quantitative expertise in financial modelling and risk management
- Defines the main implications of climate risk for future developments
Part of the book series: Palgrave Macmillan Studies in Banking and Financial Institutions (SBFI)
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Table of contents (6 chapters)
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Front Matter
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Back Matter
Keywords
About this book
Climate change is defining structural modifications that affect the economy and the financial system. Within Europe, supervisors and supervised entities are increasingly focusing on the consequences of environmental, social and governance (ESG) risks, as they impact the soundness and stability of the financial system or interfere with the transmission channels of monetary policy and price stability, as well as raising sustainability financing issues.
Focusing on climate-related risks within the broader theme of the ESG risks, this book, structured in six chapters, analyzes the evolving overall regulatory framework, the climate risk transmission channels, the peculiarities of climate risk transmission channels with reference to specific business models of financial intermediaries, and the governance and disclosure implications of climate risks. It will be of interest to academics, practitioners, and students in the fields of banking, financial services, sustainability, ESG, andclimate risk.
Authors and Affiliations
About the authors
Elisabetta Gualandri is a Full Professor of Banking and Finance in the Marco Biagi Department of Economics at the University of Modena and Reggio Emilia, Italy, where she is a member of the Center for Studies in Banking and Finance (CEFIN). She is also a Director of the European Association of University Teachers of Banking and Finance – Wolpertinger.
Paola Bongini is a Full Professor of Banking and Finance at the University of Milano-Bicocca, Italy. She is also the Director of the Ph.D. Program in Business for Society. Her research interests are in empirical banking and financial regulation. Her most recent interest includes financial literacy and financial education, serving as a member of the Scientific Committee of the Italian Foundation for Financial Education (Feduf). She has been involved in several national and international research projects and relevant outreach activities in both the financial and non-profit sectors.
Maurizio Pierigè is Senior Partner at Prometeia responsible for the Risk Integration activities within the Enterprise Risk Management Practice. As Head of Risk Integration, Advanced Analytics, Climate Change & ESG Risks, he is in charge of the development of Prometeia offering (scenarios, advisory, models, methodologies, software solutions) on balance sheet forecasting and risk integration topics.
Marina Di Janni is a Principal, Risk Integration, Advanced Analytics, Climate Change & ESG Risks at Prometeia. She is in charge of planning, controlling and risk integration for institutions.
Bibliographic Information
Book Title: Climate Risk and Financial Intermediaries
Book Subtitle: Regulatory Framework, Transmission Channels, Governance and Disclosure
Authors: Elisabetta Gualandri, Paola Bongini, Maurizio Pierigè, Marina Di Janni
Series Title: Palgrave Macmillan Studies in Banking and Financial Institutions
DOI: https://doi.org/10.1007/978-3-031-54872-7
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: AIFIRM 2024
Hardcover ISBN: 978-3-031-54871-0Published: 23 March 2024
Softcover ISBN: 978-3-031-54874-1Due: 23 April 2024
eBook ISBN: 978-3-031-54872-7Published: 22 March 2024
Series ISSN: 2523-336X
Series E-ISSN: 2523-3378
Edition Number: 1
Number of Pages: XVII, 193
Number of Illustrations: 2 b/w illustrations, 16 illustrations in colour
Topics: Financial Services, Risk Management, Climate, general, Sustainable Development