The reality of climate financial risk
Those who argue that climate change has little to do with macroprudential risk management are offering a counsel of despair. If the 2008 global financial crisis revealed anything, it is that regulation...
Author
Karl Schmedders
Karl Schmedders is a Professor of Finance, with research and teaching centered on sustainability and the economics of climate change. He is Director of IMD’s online certification course for structured investment and also teaches in the Executive MBA programs and serves as an advisor for International Consulting Projects within the MBA program. Passionate about sustainable finance, Schmedders believes that more attention needs to be paid to on the social (S) and governance (G) aspects of ESG to ensure a fair transition and tackle inequality.
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