Parallel shock and Paris Agreement: Difference between pages

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imported>Doug Williamson
(Classify page.)
 
imported>Doug Williamson
(Create page. Source: UNFCCC webpage https://unfccc.int/process-and-meetings/the-paris-agreement/what-is-the-paris-agreement)
 
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''Interest rate risk''
An international agreement of 2015 to combat climate change and to accelerate and intensify the actions and investments needed for a sustainable low carbon future.  
 
A change in interest rates, which affects all interest rates by an equal amount.


The Paris Agreement’s central aim is to strengthen the global response to the threat of climate change by keeping a global temperature rise in the 21st century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius.




== See also ==
== See also ==
* [[Back test]]
* [[Climate change: testing the resilience of corporates’ creditworthiness to natural catastrophes]]
* [[Interest rate risk]]
* [[Climate risk]]
* [[Interest Rate Risk in the Banking Book]]  (IRRBB)
* [[Risk management]]
* [[Non-parallel shock]]
* [[Shock]]
* [[Yield curve risk]]


[[Category:Identify_and_assess_risks]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Revision as of 22:36, 6 October 2018

An international agreement of 2015 to combat climate change and to accelerate and intensify the actions and investments needed for a sustainable low carbon future.

The Paris Agreement’s central aim is to strengthen the global response to the threat of climate change by keeping a global temperature rise in the 21st century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius.


See also