Upcoming Events @ Duke
Kate Konschnik, director of the Nicholas Institute's Climate and Energy Program, will describe the overlapping environmental authorities of U.S. federal agencies and how these institutions work together (or don’t) on far-reaching challenges, as well as unforeseen disasters
Too Big to Ignore: How Climate Change Threatens Financial Stability and the Implications for Financial Markets Regulation and Innovation
While there has been longstanding interest in how financial markets affect climate change, the effects of climate change on financial markets—particularly financial stability— have received comparatively little attention. The risk of climate change to financial stability is fast becoming too big to ignore. Cross-nationally, central banks are increasingly incorporating climate change—and its potential threats to financial stability—into their prudential agendas, while market regulators are beginning to explore various climate-driven risks.