Tony Hughes, expert risk modeller and data scientist presents his argument for why climate change has so far had a limited impact on the financial system. Tony references stress tests from both the ECB and CBES that corroborate that the global financial crisis had a more immediate and severe impact than climate change has had, to date.
Key learning objectives:
Analyse the current and projected impact of climate change on the financial system
Explore the macro-level evidence for the impact of climate change on the financial system