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Climate Risk Analysis for Financial Institutions

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Encyclopedia of GIS

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Synonyms

Carbon Emissions; Carbon Finance; Carbon Trading; Climate Change; Climate Finance; Climate Trend Analysis; Emissions Trading; GHG; GIS Mobile Remote Sensors; MRV; REDD+; Sequestration; Sustainability Risk

Definition

The climate change phenomenon is widely understood to be magnified by harmful greenhouse gases (GHGs) that are by-products of emissions yielded from advances in human engineering in the energy, technology, transportation, and land development industries. Effectively, the pollution that is being generated from human activities is actively contributing to the imbalance in the planet’s climate, therefore creating the scenario where human prosperity may be severely hindered in the near future. Global industrial incentives, regulations, and policies have been formed to mitigate the climate change phenomenon in the form of monetized financial instruments that can help manage the amount of global pollution permitted, financial climate risk disclosures that keep investors...

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Author information

Authors and Affiliations

  1. Rutgers Business School, Rutgers University, New Brunswick, NJ, USA

    Farid Razzak

Authors
  1. Farid Razzak
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Corresponding author

Correspondence to Farid Razzak .

Editor information

Editors and Affiliations

  1. University of Minnesota, Minneapolis, MN, USA

    Shashi Shekhar

  2. Management Science and Information Systems Department, Rutgers Business School, Rutgers, The State University of New Jersey, Newark, NJ, USA

    Hui Xiong

  3. Department of Management Sciences, Tippie College of Business, University of Iowa, Iowa City, IA, USA

    Xun Zhou

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Razzak, F. (2017). Climate Risk Analysis for Financial Institutions. In: Shekhar, S., Xiong, H., Zhou, X. (eds) Encyclopedia of GIS. Springer, Cham. https://doi.org/10.1007/978-3-319-17885-1_1630

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