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Climate Risk Analysis for Financial Institutions

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Encyclopedia of GIS

Synonyms

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

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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Correspondence to Farid Razzak .

Editor information

Editors and Affiliations

  1. Minneapolis, Minnesota, USA

    Shashi Shekhar

  2. Rutgers Business School, Newark, New Jersey, USA

    Hui Xiong

  3. The University of Iowa Tippie College of Business, Iowa City, Iowa, USA

    Xun Zhou

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© 2015 Springer International Publishing Switzerland

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Razzak, F. (2015). Climate Risk Analysis for Financial Institutions. In: Shekhar, S., Xiong, H., Zhou, X. (eds) Encyclopedia of GIS. Springer, Cham. https://doi.org/10.1007/978-3-319-23519-6_1630-1

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  • DOI: https://doi.org/10.1007/978-3-319-23519-6_1630-1

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  • Publisher Name: Springer, Cham

  • Online ISBN: 978-3-319-23519-6

  • eBook Packages: Springer Reference Computer SciencesReference Module Computer Science and Engineering

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