Is CoP

Webinar Presentation: Risk and Opportunities from Climate Change for the Financial Sector

Oct 12, 2020 | MFW4A

07 October 2020 - The Making Finance Work for Africa (MFW4A) Secretariat, the United Nations Environment Programme Finance Initiative (UNEP FI) and the Development Facility of the Fund hosted a joint webinar entitled “Risk and Opportunities from Climate Change for the Financial Sector".

Climate change constitutes a major challenge, posing new risks but also opportunities for the financial sector. Financial institutions can play an important role in society’s adjustment to climate change and contribute to its mitigation, for example by including climate change and environmental risk in their credit and investment processes or by incentivizing clients for sustainable investments.

The accelerating pace of climate change demands proactive and responsible adaptation strategies from the financial sector. This webinar highlighted risks and opportunities that climate change poses for the financial sector in Africa and discussed how financial institutions can best respond to these, in a sustainable manner.

Click here to view the webinar replay.