EUROSCOPE — LE CLIMAT ENTRERA DANS LES COMPTES

La NGFS projette le dérèglement sur cinq ans : inflation, défauts, spread souverain… Le climat devient chiffre, et l’inaction, un passif.

https://whatsapp.com/channel/0029VaE5Wl8Dp2Q7vJyg0G30

#EuroScope #NGFS #StressTestClimatique #FinanceDurable #TransitionVerte

EuroScope : la chaîne sur l’Europe | WhatsApp Channel

EuroScope : la chaîne sur l’Europe WhatsApp Channel. 🌐 *Bienvenue dans "EuroScope 🇪🇺"!* 🚀 Passionné par l'avenir de l'Europe? Rejoignez notre fil pour une veille captivante! 🌍🔍 🤝 Échangez sur les développements politiques, les enjeux sociaux, et découvrez les initiatives européennes qui façonnent notre continent. 🔔 *Prêts à explorer l'actualité passionnante de l'Europe?*🚀🌐📰 https://www.youtube.com/@protomandator https://www.tiktok.com/@protomandator. 162 followers

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NGFS, czyli jak banki widzą ryzyko klimatyczne

Czy zastanawialiście się kiedyś, jak ryzyko klimatyczne wpływa na sektor finansowy? Jak to w ogóle mierzyć i wyceniać, jak prognozować? Takie pytania zadało sobie szereg instytucji finansowych, a także ich nadzorcy. Z potrzeby dostarczenia wiarygodnych i porównywalnych danych powstała inicjatywa Network for Greening Financia Sector (Sieć na rzecz zazieleniania sektora finansowego – w skrócie NGFS).

https://spinka.tepewu.pl/2024/09/ngfs-czyli-jak-banki-widza-ryzyko-klimatyczne/

NGFS, czyli jak banki widzą ryzyko klimatyczne – SPINKa

"New economic modelling shows #climate damage will deliver a 14 per cent annual hit to #Australia’s Gross Domestic Product (#GDP) if current global climate policies continue, wiping out $6.8 trillion from our economy between now and 2050 and cutting thousands of dollars a year out of the pockets of Australians."

“Australians have much to lose from climate damages but we also have much to gain from using our world leading clean energy resources."

https://igcc.org.au/6-8-trillion-gdp-hit-if-renewable-energy-transition-is-delayed/
#NGFS

$6.8 trillion GDP hit if renewable energy transition is delayed - Investor Group on Climate Change

New economic modelling shows climate damage will deliver a 14 per cent annual hit to Australia’s Gross Domestic Product (GDP) if current global climate policies continue, wiping out $6.8 trillion from our economy between now and 2050 and cutting thousands of dollars a year out of the pockets of Australians. Data released by the Network for [...]Read More...

Investor Group on Climate Change

23/n Another big theme at #COP28 is wider #ClimateFinance, beyond Loss and Damage. This includes generating more private #investment; reforming Multilateral Development Banks (#MDBs) to better address #ClimateChange; and strengthening the #NetworkForGreeningTheFinancialSystem (#NGFS)

Not my field at ALL, but I found this article provides a useful short introduction

https://sustainability.freshfields.com/post/102is1l/road-to-cop28-climate-finance-unlocking-private-capital-to-beat-climate-change

Road to COP28: Climate finance - unlocking private capital to beat climate change

At COP28, finance is (once again) at the heart of the policy agenda. COP28 President Dr. Sultan Al Jaber has stated that “transforming climate finance” ...

Passle

RT by @ecb: 📗 The #NGFS has today published the fourth phase of its long-term macro-financial #climate #scenarios.
The new vintage of the NGFS scenarios will be presented and discussed during a launch #event on 9th November.

Register to the event: https://www.ngfs.net/en/ngfs-climate-scenarios-november-2023

Read more⤵️

🐦🔗: https://nitter.cz/NGFS_/status/1721841199433019764#m

[2023-11-07 10:45 UTC]

Launch Event: NGFS Climate Scenarios Phase IV

Thursday 9 November 2023, 15:00-17:00 CET  Registration 

Banque de France
While our banks are not yet at the point of completing the climate stress test, the interpretation applied by central banks (#TCFD) is quite inadequate in measuring the risks posed by the climate crisis. I also agree #climatestresstest #climatecrisis #NGFS
https://www.energymonitor.ai/finance/risk-management/why-climate-stress-tests-are-not-fit-for-purpose/
Why climate stress tests are not fit for purpose

Scenarios used by central banks to conduct climate-risk stress tests have been criticised as not fit for purpose.

Energy Monitor
Bizim bankalarımız henüz iklim stres testini tamamlama noktasında değilken, merkez bankalarının uyguladığı (#TCFD) iklim krizinin yaratacağı riskleri ölçmekte oldukça yetersiz kalır yorumu. Ben de katılıyorum. #iklimstrestesti #iklimkrizi #NGFS
https://www.energymonitor.ai/finance/risk-management/why-climate-stress-tests-are-not-fit-for-purpose/
Why climate stress tests are not fit for purpose

Scenarios used by central banks to conduct climate-risk stress tests have been criticised as not fit for purpose.

Energy Monitor

Today the @NGFS_ turns 5!

The network is key in deepening and broadening our knowledge on how climate change affects the financial system and the economy.

Only together can central banks and supervisors worldwide do their part in the fight against climate change #ProudToBeNGFS
RT @NGFS_: The #NGFS turns 5 today!

In 5 years, the Network has grown to now 140 members and observers.

Congratulations to all of them for this fantastic journey and the numerous achiev…

🐦🔗: https://n.respublicae.eu/ecb/status/1602294917837078530

European Central Bank (@ecb)

Today the @NGFS_ turns 5! The network is key in deepening and broadening our knowledge on how climate change affects the financial system and the economy. Only together can central banks and supervisors worldwide do their part in the fight against climate change #ProudToBeNGFS

Nitter

RT @NGFS_: Today, the #NGFS and the Financial Stability Board (@FinStbBoard) published a joint report outlining initial findings from climate scenario analyses undertaken by financial authorities to assess climate related financial risks.

▶ Read more: https://www.ngfs.net/en/communique-de-presse/current-climate-scenario-analysis-exercises-may-understate-climate-exposures-and-vulnerabilities

🐦🔗: https://nitter.eu/ecb/status/1592475931695669249

Current climate scenario analysis exercises may understate climate exposures and vulnerabilities, warn FSB and NGFS

15 November 2022 The Financial Stability Board (FSB) and Network for Greening the Financial System (NGFS) published today a joint report outlining initial findings from climate scenario analyses undertaken by financial authorities to assess climate-re...

Banque de France

Curious to dive into quantitative #climate pathways ahead of #COP27 on how we can reach (or miss) the goals of the #ParisAgreement?

Check out the #ScenarioExplorer of socio-economic scenarios developed jointly between the IAM community and the "Network for greening the Financial System" (#NGFS)!

Hosted by the #IIASA #ScenarioServices team...
https://data.ece.iiasa.ac.at/ngfs

IXMP Scenario Explorer developed by IIASA