The European Bank for Reconstruction and Development (EBRD) and Bank of America are pleased to co-organize the event “Finance, Business and Climate Resilience: Physical Climate Risks and Opportunities” to be held at 9:30am – 11:45am on Wednesday 12th September in San Francisco. This will be an affiliated event as part of the Global Climate Action Summit.
This invitation-only event will build on the findings of the conference “Advancing TCFD guidance on physical climate risks and opportunities”, which was held on 31 May 2018 in London. Innovative thinkers from the corporate and financial sectors will present emerging experience of including information about physical climate risks – and climate resilience opportunities – in corporate and financial reporting.
Market action on climate-related financial disclosure has advanced rapidly since the Task Force on Climate-Related Financial Disclosures (TCFD) issued its recommendations in June 2017. Regulatory action is gathering momentum too, for example in the shape of the European Union’s sustainable finance approach. It is vital to ensure that considerations of physical climate change and climate resilience are fully integrated into these new market practices if businesses and financial markets are to cope with a changing and more variable climate.
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