Grey Rhinos and Deep Risk

2021 ◽  
pp. 17-33
Author(s):  
Prince Sarpong
Keyword(s):  
Climate Change ◽  
Financial Planning ◽  
Financial Services ◽  
Climate Change Mitigation ◽  
Deep Uncertainty ◽  
Services Sector ◽  
Impact Of Climate Change ◽  
Financial Services Sector ◽  
The Stability ◽  
Change Mitigation

Discussions on the impact of climate change within the financial services sector have mainly focused on institutional investors. Talk of climate change is all but ignored in financial planning. Financial planning, however, has a profound impact on society and can play a major role in climate change mitigation. Climate change poses an overarching challenge to financial planning and how individuals plan for their long-term goals. The financial services sector which provides the financial instruments for financial planning faces deep uncertainty, which threatens the stability of the sector. The environmental impact of climate change poses an additional risk on health outcomes for individuals. This chapter presents a review of disparate literature to position the risk of climate change as deep risk which has significant implications for financial planning. The chapter outlines how financial planners can prepare themselves and their clients for climate risks while contributing to climate change mitigation as well.

Climate Change and Entrepreneurial Financing

2021 ◽  
pp. 399-410
Author(s):  
Ayansola Olatunji Ayandibu ◽  
Makhosazana Faith Vezi-Magigaba
Keyword(s):  
Climate Change ◽  
Financial Services ◽  
Developing Economies ◽  
Climatic Conditions ◽  
Services Sector ◽  
Financial Services Sector ◽  
Sustainable Economy ◽  
Entrepreneurial Financing ◽  
The Impact ◽  
Gain Access

Entrepreneurs in emerging and developing economies face many challenges curtailing their ability to finance and grow their business ventures. Climate change provides new opportunities for entrepreneurs to gain access to finance and contribute toward more climate-resilient economies. The objective of this chapter is to outline the dimensions of entrepreneurial financing that are sensitive to levels of climate change with emphasis on the financial services sector's role in reacting to these changes. An analysis of current extant literature will be explored, and evidence supporting effective entrepreneurial financing will be used to develop a theoretical framework for climate change and entrepreneurial financing to foster a more climatic conditions-sustainable economy. The literature in this chapter indicated the need for establishing the impact of climate change on entrepreneurial financing in the financial services sector in order to provide recommendations that can direct funding more effectively towards climate-resilient activities and a more climatic conditions-sustainable economy.

Post-East Asian Financial Crisis: Challenges and Opportunities for the Banking and Financial Services Sector in Singapore

2001 ◽  
Vol 04 (04) ◽  
pp. 495-521 ◽  
Author(s):  
Siew Tong Fock ◽  
Ann Chai Wong
Keyword(s):  
Financial Crisis ◽  
Financial Services ◽  
Banking Sector ◽  
East Asian ◽  
Asian Financial Crisis ◽  
Services Sector ◽  
Financial Services Sector ◽  
Challenges And Opportunities ◽  
The Stability ◽  
International Financial Center

The East Asian financial crisis revealed the structural weaknesses of the banking systems in Asia. Post crisis, there were signs of limited recovery of the region in sight, but the region-wide reforms would take some time to complete. This paper identifies the main challenges and opportunities that are posed to the financial sector in Singapore in a post East Asian financial crisis scenario. Preserving the stability of the banking sector whilst engendering a more efficient use of capital remains a central issue in this paper. The paper also evaluates the liberalization measures adopted by the Monetary Authority of Singapore to enhance the development of Singapore as a leading international financial center.

scholarly journals Perception of climate change: A survey among agricultural advisors

2021 ◽  
Vol 68 (2) ◽  
pp. 307-320
Author(s):  
Đurđica Žutinić ◽  
Magdalena Zrakić-Sušac
Keyword(s):  
Climate Change ◽  
Empirical Study ◽  
Anthropogenic Impact ◽  
Climate Change Mitigation ◽  
Civic Responsibility ◽  
Advisory Service ◽  
The Stability ◽  
Climate Change Attitudes ◽  
Change Mitigation ◽  
Research Show

This paper is based on the results of an empirical study conducted on a sample of 103 employees of the Croatian Agricultural and Forestry Advisory Service in mid2018. The main goal of the study was to determine the opinions and attitudes of agricultural advisors on climate change. Attitudes were measured using 16 statements which summarize three composite indicators (awareness of anthropogenic causes and consequences, mitigation responsibility, and indifference and defeatism towards climate change). Results of the research show that the respondents are relatively aware of the anthropogenic impact on climate change, as well as wider consequences of climate change on society and the environment (MKIs = 3.83). On average, respondents expressed strongest agreement with statements about political and civic responsibility in climate change mitigation (MKIo = 4.06). Most agricultural advisors perceive climate change as dangerous for the stability of domestic farming, and as many as 92.4% of respondents believe that farmers do not have the necessary knowledge to successfully deal with the risks of climate change in their own production.

The Impact of Climate Change Mitigation on Indigenous and Forest Communities

2017 ◽  
Author(s):  
Maureen Frances Tehan ◽  
Lee Carol Godden ◽  
Margaret A. Young ◽  
Kirsty Ann Gover
Keyword(s):  
Climate Change ◽  
Climate Change Mitigation ◽  
Forest Communities ◽  
Impact Of Climate Change ◽  
The Impact ◽  
Change Mitigation
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