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Banking on 2° - The Hidden Risks of Climate Change for Canadian Banks
Submitted by columbiainstitute on Fri, 11/06/2015 - 13:21
On October 14, 2015, ahead of the December Paris Talks, SHARE released a new discussion paper called: “Banking on 2°: The Hidden Risks of Climate Change for Canadian Banks.” As climate change continues to emerge as a significant issue for Canada's investment community, SHARE’s report outlines the impacts that climate change-related risks could have for the banking sector. It also provides a set of recommendations for how Canada’s banks can more effectively manage these risks and catalyze the transition to a low carbon economy.