Klimarisiko i norske sparebanker : en kvalitativ studie av norske sparebankers posisjonering i arbeidet med klimarisiko

2020

Master thesis in Business Administration (BE501) Increased climate change over the last century has led to efforts towards a low-emission society. Such a transition can entail risks, which in turn can affect the financial stability of the Norwegian economy, including Norwegian savings banks. Based on the main goals of the Paris Agreement, Norway presented revised climate targets, where the goal was to reduce the 1990-emission levels with 50-55 percent. This makes the transition to a low-emission society more immediate than first expected. As Mark Carney, the Governor of the Bank of England pointed out, the climate crisis may be the new financial crisis. Therefore, it is important that Norwe…