One fundamental problem when incorporating climate-related ﬁnancial risks, however, is that they could be meaningful over periods which go beyond rating agencies’ standard time horizons. Should it not be possible to reach an appropriate solution here, other ways of incorporating climaterelated ﬁnancial risks into our risk management would have to be found.
Furthermore, I am excited to be back in Ife since I left after my one year national youth service at the Department of Economics in 1984/85.