Green swan and Replacement ratio: Difference between pages

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''Risk management - systemic risk - climate risk''.
''Pensions''.  


A green swan is a potentially extremely financially disruptive event leading to a systemic financial crisis, triggered by a climate-related event.
The percentage of an individual's final salary at retirement received as annual retirement income (from whatever sources) and savings income.
 
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 ==
== See also ==
* [[Black swan]]
* [[Pension]]
* [[Central bank]]
* [[Climate change]]
* [[Climate risk]]
* [[Financial stability]]
* [[Risk management]]
 
 
== External link ==
*[https://www.bis.org/publ/othp31.htm The green swan - Central banking and financial stability in the age of climate change]


[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Latest revision as of 08:27, 2 July 2022

Pensions.

The percentage of an individual's final salary at retirement received as annual retirement income (from whatever sources) and savings income.


See also