Climate Finance and Financial Risk
Both climate change and the transition to a net-zero economy pose risks to financial assets and the broader financial system—but these same risks can create opportunities for firms and investors. RFF’s Climate Finance and Financial Risk Initiative aims to identify and improve the measurement of these risks to support financial stability, a thriving economy, and a healthy environment.
Examining Climate Risks in US Financial Markets
A 2020 discussion on the potential risks climate change poses on our economy and overall trends in climate risk and global financial markets.
The Global Banking System Is Not Immune to Climate Change
Climate change will have a growing influence on the stability of the banking system, potentially contributing to future financial crises. Financial regulation authorities can act to reduce climate-related risks by implementing targeted measures.
William A. Pizer
Billy Pizer is Vice President for Research and Policy Engagement at RFF. Previously, he was the Susan B. King Professor at the Sanford School of Public Policy, Duke University. He is also a Research Associate at the National Bureau of Economic Research.
Marc Hafstead is a fellow and director of the Carbon Pricing Initiative at RFF. His research focuses on the evaluation and design of climate and energy policies.
Richard G. Newell
Dr. Richard G. Newell is the President and CEO of Resources for the Future. From 2009 to 2011, he served as the administrator of the US Energy Information Administration, the agency responsible for official US government energy statistics and analysis.
Brian C. Prest
Brian Prest is an economist and Fellow at Resources for the Future specializing in climate change, oil and gas, and energy economics.
View Climate Finance and Financial Risk experts.