Your Money with Michelle Martin
Business:Investing
Money and Me: How financial institutions are dealing with this undefined risk on their books
According to an Intensel White Paper on Climate Risk and Financial Value-at-Risk, flooding could cause up to 62% of total portfolio loss in Asia, by 2050.
With that in mind, how should banks and financial institutions prepare financially for climate risk? Ashley Hegland, Chief Operating Officer of Intensel Limited speaks with Adrian Abraham on the topic.
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