Better Markets’ Post

Would you pay someone to flood your city? Well, that's exactly what we've been doing! Last month was brutal for extreme weather events around the world. Climate change has never been more apparent, and your bank could be a very significant cause. I explain why in this video. #Banks #Money #ClimateAction #ClimateChange #MotherTree

As climate change amplifies urban flooding, here’s how communities can become ‘sponge cities. https://lnkd.in/exMPhZHQ

If you were wondering how banks are dealing with climate risk, here's an excellent summary of U.S. regional bank strategies and sample investments to address climate risk from colleagues Mark Narron, Laura Kaster, CFA and Zakaria Tabit. See the report at: https://lnkd.in/eHN3zusZ #fitchoncredit #scope1 #esginvesting #climaterisk #climatereporting #usbanks

The Standard Bank critical thinking forum, in partnership with the Mail & Guardian, is underway. Cathy Mohlahlana is our moderator for our first panel discussion. The topic is 'Insurance as a force for good - a climate-change mitigator and a buffer against the adverse effects of climate disasters'. Watch the livestream here: tinyurl.com/m43e4h8x #MailAndGuardianThinkForum #StandardBankInsurance #ProtectWhatMatters

Are banks adequately assessing #climate risks? https://bit.ly/3RVRiEG. Discover our latest insights on #climaterisk and how financial model improvements may help fight #climatechange through economic means.

Discover how climate risks in residential mortgage-backed securities (RMBS) are managed with resilience and optimism! Read the full article to learn how financial strategies adapt to climate challenges: https://lnkd.in/gsHMWsZM #ClimateFinance #RiskManagement #HousingMarket #Sustainability #ResilientInvesting #FinancialStrategy #ClimateChange

Request the #financial sectors especially the #banks including #investors and #regulators to focus on developing good practices to identify, measure, disclose and manage #climaterisk by undertaking #climate #stress #testing 

There’s a major untold story behind the unprecedented #climate disasters pummeling the country and capturing the headlines: today’s climate crisis is tomorrow’s banking crisis. Read more in our new report. #ClimateChange #ClimateWeekNYC https://lnkd.in/dfkBtwDe

Reminder to be aware of hyper-localized forecasts by private firms that distort the true science of impact analysis. Predicting exact 100-meter areas lacks scientific consensus, and relying on such forecasts for financial decisions can be risky. It's important to remember that climate projections are planning tools, not crystal balls. Stay grounded in what's valid and realistic.

The climate intelligence arms race is currently dominated by a small number of corporate players that have acquired many early entrants in the space. This underscored the importance of moving away from a corporate black box structure towards transparent, useful, and accessible analytics. Read Ingrid Walker's thoughts on reforming the climate service industry to make it fit for purpose. https://lnkd.in/dSRcZvk7 Climate & Capital Media Green Central Banking Climate Group Sarah Bloom Raskin, Madison Condon, Boston University School of Law Boston University, Blair Palese LinkedIn News #climatechange #climaterisk #esg #esgreporting #esginvesting #climateinnovation #climateaction #climatetechnology