NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Climate change will reshape every aspect of the global economy, from politics to migration, financing to supply chains. Markets are demanding greater transparency on the climate risks that firms face. So, too, are regulators: in 2019 the Bank of England announced plans for climate stress tests for banks. Such demands will only increase.

Over five days, The Economist will ask what role governments and central banks should play in embedding climate-change data into financial decision-making. How can companies overcome the first-mover disadvantage associated with publishing their risk exposures? Does technology reinvent the rules of risk management? And how can the public and private sectors work together to combat what has become the greatest risk of all?

Our climate-risk content

The Economist has called for a clear-headed approach to tackling the complex issues around climate change. We have explored the urgency of managing climate risk across our events, newspaper and fortnightly newsletters.

• Access The Economist climate issue (September 2019)
• Sign up for our climate-change newsletter

New for 2020

Climate change has a significant impact across a wide range of industries, causing a series of transitional, legal and financial risks. After the success of its inaugural summit in 2019, Climate Risk Virtual Week will feature critical global insights from industry leaders on how to better measure, manage, mitigate and report climate-related risks.

The programme will explore the unique opportunity which the pandemic has provided to governments and businesses to speed up the transition to a low carbon economy. In addition, participants will hear about multiple risks, assess evolving regulatory and disclosure frameworks. We explore the role of climate-related data and the new road to COP26.

With the virtual format this year, we plan to host more than 600 attendees across the week with an even broader geographic range than before. Climate Risk Virtual Week will be a premier forum bringing together corporates and public-sector executives to discuss and debate the current state of climate risk and accelerating future action. We provide a platform to better assess climate risks, providing financial and systematic level stability.