RT null T1 Climate change: implications for investors and financial institutions A1 United Nations Environment Programme, PB United Nations Environment Programme YR 2014 FD 2014 LK https://wedocs.unep.org/handle/20.500.11822/9264 UL https://wedocs.unep.org/handle/20.500.11822/9264 NO Investors and financial institutions are, and will continue to be, exposed to downside risks as a result of climate change. The risks include: macroeconomic impacts such as the expected reduction in productivity and economic growth in many developing countries, direct physical impacts of climate change such as flood and storm risks to coastal population centres, and the impacts of policy measures directed at reducing GHG emissions from electricity generation, large industrial sources, transport and other economic sectors. This report focuses on private sector providers (or sources) of capital, and the intermediaries responsible for deployment of this capital. These intermediaries include banks and asset managers. Asset owners include pension funds, insurance companies, sovereign wealth funds, mutual funds and foundations. Together these investors and financial institutions manage the pensions and savings of individual citizens. DS UN Environment Document Repository RD Sep 18, 2026