This webinar is now available for viewing on the CFA Boston YouTube page.

Systemic risks have the potential to destabilize capital markets and lead to serious negative consequences for financial institutions and the broader economy. Climate change is  indisputably a systemic risk.  Climate is the largest, most all-encompassing system in the world.  Wide-ranging physical impacts now becoming evident, combined with expected transitions to a net-zero carbon economy and other socio-economic ripple effects,  are likely to manifest in both cumulative and unexpected ways and present clear systemic risks to U.S. financial markets — and the broader economy.


A recently-published Ceres report combines a clear explanation of the case for climate change as a systemic risk with a call to action to US regulators.  It is ground-breaking in breadth, with specific recommendations to eight federal-level regulators and state insurance regulators.  In July, the Ceres Accelerator for Sustainable Markets coordinated letters to the regulators from a broad-based and bipartisan collection of businesses, former regulators, former elected officials, nonprofit leaders and 40 investors managing a combined $1 trillion in assets.  The letters were a  next step in a multi-pronged effort to spur regulators to act on climate change, catching up to their counterparts in Europe and elsewhere.

Join CFA Society of Boston on September 17th from 1:00 – 2:30 pm for a conversation with Steven Rothstein, the Managing Director of the Ceres Accelerator for Sustainable Capital Markets, and report lead author Veena Ramani about “Addressing Climate as a Systemic Risk: A call to action for U.S. financial regulators“.   Our conversation will provide a concise description of the systemic risk of climate change, followed by a discussion of the recommendations in the context of the specific roles of the different regulators, and closing with actions investors can take.

Panelists:

  • Steven Rothstein, Managing Director of the Ceres Accelerator for Sustainable Capital Markets
  • Veena Ramani, Senior Program Director, Capital Markets Systems, Ceres (Lead Author)
  • Michael Greis, Principal, Riverbend Advisors (CFA Boston Host & Moderator)

Register for the September 17th webinar here or at the CFA Boston web site.  (CFA Boston members are encouraged to register through the society web site.)

Addressing Climate as a Systemic Risk: A call to action for U.S. financial regulators – September 17th

One thought on “Addressing Climate as a Systemic Risk: A call to action for U.S. financial regulators – September 17th

Comments are closed.