WHEN: 8:30-11:00, 28 November 2019
WHERE: Caisse des Dépôts, 56 rue de Lille, Paris (room Gérard Bureau)
FOR WHOM: Investors, public decision-makers, media, researchers, service providers, etc.
Financial actors are already exposed to the impacts of climate change on the real economy as illustrated by PG&E’s bankruptcy in early 2019. While financial institutions need to prepare for physical climate risks now, they face a lack of science-based information relevant for their decisions.
What are the needs of financial institutions to integrate physical climate risks in their decisions? What solutions are already emerging to fill these needs?
To answer these questions, the European ClimINVEST consortium will share the results of a 2-year collaboration between financial institutions and climate change specialists. The research institutions and partners in the financial sector will explain how they clarified their needs and present their solutions to help integrate physical climate risk in investors’ decisions.
This event is an opportunity for financial practitioners to learn science-based and pragmatic recommendations about what physical climate risk assessment should look like, what kind of scientific information can be used and why, but also pave the way forward.
We will be presenting preliminary results for active feedback from investors. We will have a first set of fact sheets, impact chains, sector materiality assessments and interactive maps ready for investors to provide input on.
PLEASE REGISTER YOUR ATTENDANCE here (the event is open and entrance is free).
Organized by Finance for Tomorrow and placed under the High Patronage of Paris City Hall, the "Paris for Tomorrow Week" is taking place from November 25 to 29, 2019. More than just a “Climate Week”, the week-long series of events explores issues related to both financing and achieving the climate objectives and the Sustainable Development Goals (SDgs). This whole week will gather in Paris the financial and business community as well as civil society, local and public authorities.
We are proud that our event A closer look: translating physical climate hazards into financial impacts is taking place during this major annual Rendez-vous!