The Covid-19 crisis and its multiple and cascading worldwide impacts warns us that we are definitely not prepared for the unexpected.
Regarding climate change, we are aware that the world will face brutal consequences in the near future. We need to address climate action urgently, by reducing massively CO2 emissions and by anticipating both physical climate risks and transition risks.
Such climate risks mean that some sectors will face major shifts in their asset values.
The financial sector, which will be increasingly exposed to those risks, is also on the front line when it comes to tackling climate action and redirect investments.
Therefore, in order to develop a forward looking view or those risks and opportunities, it needs reliable and relevant climate data to integrate transition risks into investment or credit decision-making.
– What are exactly physical and transition climate-related risks?
– How carbon and climate data can help financial actors avoid and prevent those risks?
– What lessons can we learn from the coronavirus crisis for the anticipation of climate change impacts?
We answered those questions during a webinar on May 7th – 4 to 5 PM (UTC+2) with:
Jean-Marc Jancovici, founding partner of Carbone 4 and Carbon4 Finance,
Jean-Yves Wilmotte, leader of the Finance practice at Carbone 4,
and Marie-Anne Vincent, head of business development at Carbon4 Finance