Green swan: Difference between revisions
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Revision as of 17:54, 6 January 2022
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.
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
- Risk management
- Systemic risk
