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How central banks are tackling climate change risks

How central banks are tackling climate change risks
(Credit: Unsplash)
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.
Author: Silvia Anna Ainio, Policy Officer, European Commission
Central banks have an increasingly critical role in tackling climate change policy objectives.
Incorporating climate-related risks into regulatory frameworks remains challenging but central banks are starting to lead the way.
The case for incorporating climate change into macroeconomic modeling and investment decisions has never been stronger. Extreme weather events such as floods and storms have now become more frequent, and their impact on growth and inflation is increasingly visible and felt around the world. Recent research has shown how climate change can have a strong impact on the stability of the global banking system by increasing the frequency of banking crises in the medium to long-term. ....

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Why Enterprise Risk Management Is Key To Organizational Resilience

By establishing an enterprise risk management program, businesses can set themselves up to be resilient in the face of uncertainty. ....

Forbes Technology Council , World Economic Forum Global Risks , World Economic Forum , Global Risks Report , Technology Council , ஃபோர்ப்ஸ் தொழில்நுட்பம் சபை , உலகம் பொருளாதார மன்றம் உலகளாவிய அபாயங்கள் , உலகம் பொருளாதார மன்றம் , உலகளாவிய அபாயங்கள் அறிக்கை , தொழில்நுட்பம் சபை ,

8 quotes from the Agenda Dialogues on tackling the climate crisis

Moderator:
Panellists:
François-Philippe Champagne, Minister of Innovation, Science and Industry of Canada
Jay R. Inslee, Governor of the State of Washington
Hindou Oumarou Ibrahim, President, Association for Indigenous Women and Peoples of Chad (AFPAT)
Feike Sybesma, Honorary Chairman, Royal DSM, Netherlands
Anish Shah, Chief Executive Officer and Managing Director, Mahindra Group, India
What’s the World Economic Forum doing about climate change?
Climate change poses an urgent threat demanding decisive action. Communities around the world are already experiencing increased climate impacts, from droughts to floods to rising seas. The World Economic Forum s Global Risks Report continues to rank these environmental threats at the top of the list. ....

World Economic Forum Global Risks , World Economic Forum , Global Risks Report , உலகம் பொருளாதார மன்றம் உலகளாவிய அபாயங்கள் , உலகம் பொருளாதார மன்றம் , உலகளாவிய அபாயங்கள் அறிக்கை ,

Cybersecurity challenges in AI age

ITU
Cybersecurity failure could be among the greatest challenges confronting the world in the next decade, according to the World Economic Forum’s Global Risks Report 2021. As artificial intelligence (AI) becomes increasingly embedded worldwide, fresh questions arise about how to safeguard countries and systems against attacks.
To deal with the vulnerabilities of AI, engineers and developers need to evaluate existing security methods, develop new tools and strategies, and formulate technical guidelines and standards, said Arndt Von Twickel, Technical Officer at Germany’s Federal Office for Information Security (BSI), at a recent AI for Good webinar.
New vulnerabilities
So-called “connectionist AI” systems support safety-critical applications like autonomous driving, which is set to be allowed on United Kingdom roads this year. Despite reaching “superhuman” performance levels in complex tasks like manoeuvring a vehicle, AI systems can still make critical ....

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Cybersecurity in the age of AI

As AI becomes increasingly embedded worldwide, fresh questions are emerging about how to safeguard machine learning systems - and the data that trains them - against malicious attacks. ....

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