Green swan: Difference between revisions
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imported>Doug Williamson (Add link.) |
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''Risk management - systemic risk - climate risk''. | ''Risk management - systemic risk - climate risk''. | ||
A green swan is a potentially extremely financially disruptive event leading to a systemic financial crisis, triggered by a climate-related event. | A green swan is a potentially extremely financially disruptive event leading to a systemic financial crisis, triggered in turn by a climate-related event. | ||
The term was popularised by Patrick Bolton, Morgan Després, Luiz Awazu Pereira da Silva, Frédéric Samama and Romain Svartzman in their 2020 book "The green swan - Central banking and financial stability in the age of climate change". | The term was popularised by Patrick Bolton, Morgan Després, Luiz Awazu Pereira da Silva, Frédéric Samama and Romain Svartzman in their 2020 book "The green swan - Central banking and financial stability in the age of climate change". | ||
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* [[Climate risk]] | * [[Climate risk]] | ||
* [[Financial stability]] | * [[Financial stability]] | ||
* [[Green finance]] | |||
* [[Greenwash]] | |||
* [[Risk management]] | * [[Risk management]] | ||
* [[Systemic risk]] | * [[Systemic risk]] |
Latest revision as of 05:20, 11 March 2023
Risk management - systemic risk - climate risk.
A green swan is a potentially extremely financially disruptive event leading to a systemic financial crisis, triggered in turn by a climate-related event.
The term was popularised by Patrick Bolton, Morgan Després, Luiz Awazu Pereira da Silva, Frédéric Samama and Romain Svartzman in their 2020 book "The green swan - Central banking and financial stability in the age of climate change".
See also
- Black swan
- Central bank
- Climate change
- Climate risk
- Financial stability
- Green finance
- Greenwash
- Risk management
- Systemic risk