Discussion Paper

Climate Change and Financial Stability


Abstract: This Note describes how risks arising from climate change may affect financial stability. We describe how climate-change related risks may emerge either as shocks to the financial system or as financial system vulnerabilities that could amplify the effects of these or other shocks.

https://doi.org/10.17016/2380-7172.2893

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2021-03-19

Number: 2021-03-19-3