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McKinsey & Company
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Climate change and financial markets: A new paradigm to manage risk

Climate change is already here and intensifying, so are the risks. Everyone is affected: either first hand, through floods, hurricanes, fire, drought, or extreme temperatures, or through interconnections in global financial, economic, and social systems. While climate risk is starting to be recognized by financial markets, corporations, countries and individuals, businesses and communities may still be over exposed to the risk, and under-exposed to the opportunity. That is why McKinsey has undertaken a new research effort to help key decision-makers objectively understand the specific risks and costs of physical climate change, illustrate the socio-economic impact that can be expected in the near-term, and identify actions to manage that risk.

At this event, McKinsey will provide a pre-publication preview of their research and lead a working session for stakeholders on how they can better identify and understand the risk they are exposed to, learn from actions being taken across the world, and implement a new paradigm to manage climate risk and prevent further risk build up.

This event is part of The Hub hosted by The Climate Group.