(Difference between pages)
imported>Doug Williamson |
imported>Doug Williamson |
Line 1: |
Line 1: |
| ''Risk management - systemic risk - climate-related risks''. | | Trade in a commodity which is bought and sold outside of the original manufacturer's officially authorized and intended trading channels. |
|
| |
|
| A green swan is a potentially extremely financially disruptive event leading to a systemic financial crisis, triggered by a climate-related event.
| | Not to be confused with the 'grey economy'. |
| | |
| 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-related 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:Identify_and_assess_risks]]
| |
| [[Category:Manage_risks]]
| |
| [[Category:Risk_frameworks]]
| |
| [[Category:Risk_reporting]]
| |
| [[Category:Financial_products_and_markets]]
| |
Revision as of 15:21, 9 March 2015
Trade in a commodity which is bought and sold outside of the original manufacturer's officially authorized and intended trading channels.
Not to be confused with the 'grey economy'.