The financial sector goes hand-in-hand with climate change, and you can’t discuss one without the other.
Rachel talks with David Carlin about how the two areas are moulded by each other, how climate scenarios and decarbonisation pathways are used, and the impact that COVID-19 has had on his work. David discusses what climate stress testing is and how it is used, recognising that climate risks are financial risks and whether they vary in different parts of the world, and what decarbonisation really means.
David leads the TCFD program for UNEP – Finance Initiative. He recently managed a banking pilot with over three-dozen global financial institutions on the topics of climate scenarios, climate risk assessments and climate governance.
Rachel is a Journalism student at Coventry University, currently interning with Irish Tech News – which marks the start of a partnership between the two institutions. Rachel’s main interests are politics and conflict, human rights, animal welfare and the environment.