COP26 and Capital flight: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add deferment details.)
 
imported>Doug Williamson
(Recreate page to correct date in source & remove full stop from page title. Source: The Treasurer, April 2017, p28.)
 
Line 1: Line 1:
''Environmental risk management.''
Capital flight is the movement of capital, under stress, to safe haven countries.


The 26th meeting of the Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC).


COP26 will be held in Glasgow, UK in November 2021.
<span style="color:#4B0082">'''''Eurozone referendum risk'''''</span>


:"People do not realise what it would mean if Italy, for example, voted in a government that decided to hold a referendum to exit the eurozone.


The meeting was originally scheduled for 2020 but was deferred to 2021 due to the Coronavirus pandemic.
:Just the viability of a referendum would accelerate existing capital flight and increase the TARGET2 imbalances dramatically.


:One would theoretically have to impose capital controls on the eve of the election result to prevent the system from melting down."


== See also ==
:''The Treasurer magazine, April 2017, p28 - Roland Hinterkoerner, founder, Expertise Asia.''
* [[Conference of the Parties]]
* [[COP25]]
* [[Green Climate Fund]]
* [[Paris Agreement]]
* [[Risk management]]
* [[The Ten Point Plan for a Green Industrial Revolution]]
* [[United Nations Framework Convention on Climate Change]]




==Other links==


[https://www.treasurers.org/hub/treasurer-magazine/what-treasurers-need-to-know-about-COP-26 What Treasurers need to know about COP 26, The Treasurer, April/May 2020]
== See also ==
 
* [[Balance of payments]]
[https://unfccc.int/ UNFCCC home page]
* [[Capital account]]
 
* [[Capital control]]
[[Category:Accounting,_tax_and_regulation]]
* [[Euro zone]]
[[Category:The_business_context]]
* [[Safe haven]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Financial_products_and_markets]]

Revision as of 12:17, 12 April 2017

Capital flight is the movement of capital, under stress, to safe haven countries.


Eurozone referendum risk

"People do not realise what it would mean if Italy, for example, voted in a government that decided to hold a referendum to exit the eurozone.
Just the viability of a referendum would accelerate existing capital flight and increase the TARGET2 imbalances dramatically.
One would theoretically have to impose capital controls on the eve of the election result to prevent the system from melting down."
The Treasurer magazine, April 2017, p28 - Roland Hinterkoerner, founder, Expertise Asia.


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=COP26&oldid=8113’