(2016): “After Paris: Fiscal, Macroeconomic, and Financial Implications of Climate Change”, IMF Staff Discussion Note No. 16/01, January. 2  2  sector. Beyond those related to the above-noted macroeconomic consequences, this has two dimensions.
On the one hand, at the microprudential level, central banks and other financial authorities ought to undertake a continuous and careful evaluation and monitoring of the risks for individual financial institutions deriving from their exposure to assets, projects, entities and/or income streams that are directly affected by climate-related developments.