Need to Know: Climate risk

In this episode of Need to Know, our series covering the topics and issues influencing markets and the global conversation, Dharrini Gadiyaram, Global Head of Risk Products at Bloomberg, defines climate risk and how the data and analytics that measure it can empower firms to make better, more informed decisions.

Climate risk, she explains, is a quickly evolving discipline within the larger risk landscape. “Especially in the last few years, central banks and regulatory bodies around the world have been taking big efforts to make the financial institutions that they oversee disclose and quantify their exposure to climate risk,” she says, “and really incorporate it as a part of their risk management framework,”