RT null T1 Environmental Risk Analysis by Financial Institutions – A Review of Global Practice: An Input Paper for the G20 Green Finance Study Group A1 United Nations Environment Programme, A1 University of Cambridge, A2 Andreeva, Nina K1 green economy K1 financial institution K1 environmental aspect K1 risk management YR 2016 FD 2016 LK https://wedocs.unep.org/handle/20.500.11822/34531 UL https://wedocs.unep.org/handle/20.500.11822/34531 NO This document serves as an input paper to the G20 Green Finance Study Group, providing a global stocktake of how financial institutions analyse environmental sources of financial risk. It explains the strategic importance of incorporating physical and transition risks into mainstream risk management, defines key risk categories, and situates environmental risks within existing frameworks. The report outlines a four-stage methodology, presents cross-sectoral case studies from multiple countries, and distils lessons on emerging tools such as stress testing and scenario analysis. It concludes by highlighting capacity, knowledge, data and incentive challenges and proposing options to support wider adoption globally in practice. DS UN Environment Document Repository RD Sep 20, 2026