Green swan and Replacement ratio: Difference between pages

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''Risk management - systemic risk - climate risk''.
''Pensions''.  
 
The percentage of an individual's final salary at retirement received as annual retirement income (from whatever sources) and savings income.
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 ==
== See also ==
* [[Black swan]]
* [[Pension]]
* [[Central bank]]
* [[Climate change]]
* [[Climate risk]]
* [[Financial stability]]
* [[Risk management]]
* [[Systemic risk]]
 
 
== 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:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 14:20, 23 October 2012

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

See also