Governance

APRA emphasises "compounding effect" of climate change

Financial risks of climate change can interact and compound other institutional risks including credit risk, market risk, and liquidity risk, APRA has emphasised in a new practice guide.

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Read more: APRA,  Paris Agreement,  Wayne Byres,  Task Force on Climate-related Financial Disclosures,  TCFD,  Emma Herd,  Nicolette Boele,  Responsible Investment Association Australasia,  Investor Group on Climate Change