CURRENT CLIMATE PROBLEMS AND THEIR IMPACT ON THE BANKING SECTOR AND THE ASSET MANAGEMENT SECTOR

Virzhiniya Zhelyazkova

Abstract


The interest in all aspects of the problems related to climate change has been growing in the last years. This is explicable given the visible changes which are taking place in climate and hence – in the environment in which humans develop their activities. From here logically comes the question on how households and firms could successfully adapt to the changing environment. The current research paper deals with some major aspects of the problem on how these changes affect the activities of banks and asset management companies. These two types of organizations are vital for the economic systems as a whole since they are instrumental for the money supply, exchange and management.

Keywords


climate change, banks, asset management, mitigation, adaptation

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Copyright (c) 2017 Virzhiniya Zhelyazkova

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ISSN 1314-9113 (print), ISSN 2535-0609 (on-line)

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