Transition: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Add link.)
imported>Doug Williamson
(Add links.)
Line 27: Line 27:
* [[Financial Stability Board]]
* [[Financial Stability Board]]
* [[Fossil fuel]]
* [[Fossil fuel]]
* [[IBOR transition]]
* [[LIBOR]]
* [[LIBOR]]
* [[LIBOR transition]]
* [[Material]]
* [[Material]]
* [[Paris Agreement]]
* [[Paris Agreement]]

Revision as of 15:01, 10 December 2021

1. Climate change - financial risks.

Abbreviation for climate transition, relating to financial risks that could arise from adjusting to a lower-carbon economy.

In this context, financial climate transition is distinct from the direct physical risks of climate change.


2. Risk-free rates - LIBOR and related transitions - conduct.

In the context of risk-free rates, transition refers to the discontinuation of LIBOR and similar rates, and their replacement by other risk-free interest rates.

This transition is important both for non-financial corporates, and for financial institutions themselves, for example in relation to conduct.


3. Other contexts.

Any other substantial and long term change.

Especially one carrying material risks and financial risks.


See also


External link