Financial markets and climate change. Dilemmas and challenges versus sustainable development goals Cover Image

Rynki finansowe wobec zmian klimatu. Dylematy i wyzwania a cele zrównoważonego rozwoju
Financial markets and climate change. Dilemmas and challenges versus sustainable development goals

Author(s): Magdalena Zioło
Subject(s): Energy and Environmental Studies, Financial Markets
Published by: Kancelaria Sejmu
Keywords: sustainable development;finance;environment;risk;SDGs

Summary/Abstract: Financial markets are undergoing a transformation process, which is determined by the growing impact of non-financial risk, particularly the threat of climate change. Financial institutions, taking into account the effects of climate risk on their operations, take several adjustment measures to reduce the impact of this risk. These activities result from the applicable regulations and legal conditions on the one hand and initiatives undertaken by and for financial institutions on the other. Sustainable Development Goals (SDGs) are a strong stimulus determining activity for the climate. The implementation of the SDGs is monitored at the level of Member States. The SDGs are integrated into public policies, and their assumptions are present in the decisions of financial and non-financial sector entities, which affects the allocation and the flow of financial capital. The article aims to show changes in the functioning of financial markets in the conditions of climate change risk and also through the prism of sustainable development goals. The paper uses the triangulation method (apart from conventional research methods).

  • Issue Year: 2023
  • Issue No: 2
  • Page Range: 43-66
  • Page Count: 24
  • Language: Polish
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