A methodological framework and tool for assessing the climate change related risks in the banking sector

Submitted on 7th September 2017

Although climate change risks have been studied for a number of economic sectors, banking has received relatively little attention. The paper proposes a methodology and an associated decision-support tool for quantifying, in monetary terms, the risks for banks from the exposure of their loan recipients and/or applicants to climate change. The framework and tool are applied to a case study based on input from a Greek bank; results indicate that climate change risks for banks are considerable, and thus decision makers need to estimate their magnitude and possibly consider these within the credit management process, and in environmental planning.

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Journal of Environmental Palnning and Management
Length of Resource
24 pages
Elena Georgopoulou, Sebastian Mirasgedis, Yannis Sarafidis, Vassiliki Hontou, Nikos Gakis, Dimitri Lalas, Foteini Xenoyianni, Nikos Kakavoulis, Dimitris Dimopoulos & Vrassidas Zavras
Date Published
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