Climate-Related Risks: Implications for Risk Management and Financial Stability
Date
Join Richard Berner, Emeritus Clinical Professor of Management Practice in the Department of Finance, and Co-Director of the Volatility and Risk Institute at the NYU Stern School of Business, for a timely and insightful talk that delves into the complex interplay among climate-related risks, risk management and financial stability. As the impacts of climate change become increasingly apparent, understanding their implications is more crucial than ever.
In this talk, Professor Berner will explore:
The Nature of Climate Risks: Learn about the various types of climate-related risks, including physical risks from extreme weather events and transitional risks associated with the shift towards a low-carbon economy.
Financial Implications: Discover how these climate risks can affect financial markets, investment portfolios, and economic stability. We'll examine case studies and data to illustrate the potential financial consequences of climate-related disruptions.
Risk Assessment and Management: Gain insights into the tools and strategies used by financial institutions and policymakers to assess and manage these risks. We'll discuss regulatory frameworks, risk disclosure practices, and the role of sustainable finance.
Future Outlook: Explore emerging trends and the evolving landscape of climate finance. How are financial systems adapting to the challenges posed by climate change, and what does the future hold?
This talk will provide valuable perspectives on how climate-related and financial risks are interconnected and how we can build a more resilient future.
Join your fellow Stern alumni after the talk for a networking reception over food and drinks.
*Complimentary valet parking will be available at the hotel for all guests.