International recommendations help in identifying investment risks and opportunities related to climate change

Abstract

Climate change will significantly affect the environment and the economy in the coming decades. On account of climate change, companies will have to change and adapt their business models. The change in the economy and markets will also be reflected in financial system stability, and in that way the issue is closely related to the work of central banks. The goal of the Bank of Finland’s climate work is to spread knowledge and debate around sustainable finance and to enhance expertise in this area.