The presentation will start with a short introduction on climate change: where we stand now and what are the likely evolutions and impacts.
We will then dive into the fundamentals of climate risk analysis: how climate risk drivers can be translated into economic impact and what scenarios can be considered. Building on that we will present the expected consequences on the financial industry.
The presentation will then focus on the climate risk regulatory landscape. First, the international context will be presented. We will then dive into specific regulations, the EU Taxonomy, the reporting & disclosure requirements (TCFD, ISSB, CSRD, SFDR…), and then the prudential regulation (mostly affecting banks and insurance companies).
Finally, we will go through the climate risk management tools that exists, present when and how they can be used, and list their pro’s and con’s.
Speakers: Frédéric Vangheluwe (Board Member Reacfin) and François Thirion (Climate Risk Practice Lead at Reacfin)