Climate change will reshape every aspect of the global economy, from politics to migration, financing to supply chains. Markets are demanding greater transparency on the climate risks that firms face. So, too, are regulators: in 2019 the Bank of England announced plans for climate stress tests for banks. Such demands will only increase.
Over five days, The Economist will ask what role governments and central banks should play in embedding climate-change data into financial decision-making. How can companies overcome the first-mover disadvantage associated with publishing their risk exposures? Does technology reinvent the rules of risk management? And how can the public and private sectors work together to combat what has become the greatest risk of all?