Why should you attend?

Climate change is putting banks at risk, and that risk is being determined by two factors.

1. Banks need to manage their own financial exposures, and these exposures are at risk because of climate change.

• As physical and transition risks emerge, corporates will become increasingly vulnerable to value erosion that could undermine their credit status.
• Risks may become apparent in such effects as coastal real-estate losses, land redundancy, and forced adaptation of sites or closures.
• These may have both direct and indirect negative impacts on banks’ balance sheets, including an increase in stranded assets, uncertain residual values, and the potential loss of reputation if banks, for example, are not seen to support their customers effectively.

2. Banks are also being forced by regulatory pressure to help finance a green agenda, a process that is critical to temper the impact of global warming.

• Renewable energy, refurbishing plants, and adaptive technologies all require significant levels of financing. These improvements will cut carbon emissions, capture and store atmospheric carbon, and accelerate the transition away from fossil fuels.
• Oil and gas, power generation, real estate, automotive, and agriculture present significant green-investment opportunities.