Garp ch 2 - Study guides, Class notes & Summaries
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GARP Ch 3 - Climate Change Risks
- Summary • 3 pages • 2023
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GARP Ch 3 - Climate Change Risks 
How climate risk can translate to financial risk 
Diminished asset valuations, increased loan defaults, increased costs, decreased access to capital 
Physical vs. transition risk examples 
Physical: climate and weather impacts resulting from cc; Transition: risks from the economic 
transformation needed to drastically reduce / eliminate net GHG emissions to reach net-zero emissions 
Hazards/drivers, exposure, and vulnerability 
Hazards: acute vs. chronic events...
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