1. An Overview of the Sustainability-Financial Risk Nexus -- 2. The Impact of Climate Change on the Banking and Insurance Industries -- 3. The Transition to a Low-carbon Economy and Stranded Assets -- 4. Sustainability-related Risks, Risk Management Frameworks and Financial Disclosure -- 5....

This working paper was written by Gabriel Wu (Hong Kong Monetary Authority) and Wilson Wan (Hong Kong Monetary Authority).Despite the increasing efforts to better understand the financial consequences of climate change, how climate-related financial risks could spill over across borders largely...

This paper analyzes the medium to long-term implications of global warming for the evolution of global financial structures. Stern (2007) and other related scientific literature reports that greenhouse gas emissions generated by human activities will very possibly lead to global temperature...