Climate and Environmental Risks and Opportunities in Mexico’s Financial System: From Diagnosis to Action

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dc.contributor.authorUnited Nations Environment Programme
dc.contributor.authorBank of Mexico
dc.contributor.organizationEconomy Division
dc.contributor.organizationInquiry
dc.coverage.spatialMexico
dc.date.accessioned2020-12-10T13:32:54Z
dc.date.available2020-12-10T13:32:54Z
dc.date.issued2020-02
dc.descriptionThis study represents a significant effort to incorporate environmental and social risks into mainstream risk strategies of Mexican financial institutions, and to capitalize on the market opportunities that will result from the transition to a low-carbon economy. The depletion of natural resources, the potential systemic impacts of climate change and the capacity of our societies to adapt and mitigate these risks are now dominant concerns of the international community. These risks are generally accepted to be financially material. Thus, many financial institutions have initiated a rapid transformation and effort to better understand and forecast these risks. The structural transformation that comes with greening the economy is also opening new business opportunities. Financial institutions that adapt to these changes will reap important benefits.en
dc.formatText
dc.identifier.urihttps://wedocs.unep.org/handle/20.500.11822/34493
dc.languageEnglish
dc.page.number82 p.
dc.relation.ispartofUNEP Inquiry Reports
dc.relation.ispartofUNEP Finance Initiative
dc.rights.accessLevelPublic
dc.subjectclimate change
dc.subjectrisk management
dc.subjectfinancial management
dc.subjectcredit control
dc.subjectenvironmental financing
dc.subject.sdgSDG 13 - Climate Action
dc.titleClimate and Environmental Risks and Opportunities in Mexico’s Financial System: From Diagnosis to Actionen
dc.typeCommunication or other resource

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