Green swan and Replacement cost risk: Difference between pages

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''Risk management - systemic risk - climate risk''.
The risk of loss arising from the need to replace a contract before having paid away the principal amount.  


A green swan is a potentially extremely financially disruptive event leading to a systemic financial crisis, triggered in turn by a climate-related event.
Often quantified approximately as the expected profit foregone.


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".
 
Also known as replacement risk.




== See also ==
== See also ==
* [[Black swan]]
* [[Credit risk]]
* [[Central bank]]
* [[Principal risk]]
* [[Climate change]]
* [[Replacement cost]]
* [[Climate risk]]
* [[Financial stability]]
* [[Greenwash]]
* [[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 14:09, 13 November 2016

The risk of loss arising from the need to replace a contract before having paid away the principal amount.

Often quantified approximately as the expected profit foregone.


Also known as replacement risk.


See also