I talked about this in detail earlier in the year. [3] Given your roles as risk managers, it is important that you have a useful framework to assess this risk to your business. Climate is a challenging risk to assess but an increasingly necessary one. Businesses need to take account of both the physical risks and the transition risks.
Under this initiative, the entire international community, including some multilateral institutions, decided to take coordinated action to reduce the debt burdens of eligible countries to sustainable levels.