[2] The costs of not achieving full employment tend to be borne disproportionately by some groups in the community – the young, those who are less educated, and people on lower incomes and with less wealth. In fact, for these groups, improved employment outcomes and opportunities to work more hours are much more important for their living standards than wage increases.
The Network will create a document for financial institutions, including asset managers, on good practices for conducting risk analyses. This will be a compilation of methodologies practiced in the market, focused mainly on case studies on Environmental Risk Assessments by financial institutions. The NGFS will also produce a handbook for  3  supervisors on how to assess the climate-related risks of individual firms.