ABSTRACT
See also: anthropogenic greenhouse gas emissions, ENSO, finance and insurance, health impacts, global warming, water impacts.
Notes
Further reading
The global financial system, and its institutions, will play a central role in managing climate risks and financing climate change mitigation and adaptation measures. Financial markets influence investment decisions, create markets that price and trade economic externalities associated with climate change (such as greenhouse gas emissions and climate change impact risks), influence consumer and corporate behavior, and drive innovation. The efficiency and effectiveness of climate change policies will, in part, depend on the response of the financial system.
