2020年打破气候金融的厄运循环报告 - Finance Watch（英文版）（44页）.pdf

1、June 2020 Breaking the climate-finance doom loop How banking prudential regulation can tackle the link between climate change and financial instability A Finance Watch report “Faced with sets of events that are complex, subject to radical uncertainty but with the likelihood of a massive future impac

2、t, Green Swans call less for improvements in risk modelling and more for decisive and immediate action and coordination” Luiz Awazu Pereira da Silva Deputy General Manager of the Bank for International Settlement Author: Thierry Philipponnat Contributors: Benot Lallemand, Paul Fox Editor: Greg Ford

3、Photo credit: Cover photo by Igor, Adobe Stock Typesetting by Mathilde Philipponnat Finance Watch 2020 The contents of this report may be freely used or reproduced without permission provided the original meaning and context are not altered in any way. Where third party copyright has been acknowledg

4、ed, permission must be sought from the third party directly. For enquiries relating to this report, please email contactfinance-watch.org Finance Watch has received funding from the European Union to implement its work programme. There is no implied endorsement by the EU or the European Commission o

5、f Finance Watchs work, which remains the sole responsibility of Finance Watch. Table of contents Executive summary 4 Recommendations 6 Introduction: A curious combination of certainty and uncertainty 8 Chapter 1: Introducing the climate-finance doom loop 10 I. It all starts with human-induced global

6、 warming 10 II. The role of finance in the acceleration towards climate disaster 11 III. Dynamics of the climate-finance doom loop 14 Chapter 2: What financial regulators and supervisors are doing.and not doing. 17 I. A broad recognition of the impact of climate change on financial stability 17 II.