UTJECAJ KLIMATSKIH PROMJENA NA POSLOVANJE BANAKA

master's thesis

• Title (english): THE IMPACT OF CLIMATE CHANGE ON BANK OPERATIONS
• Author: Ernest Bagarić
• Mentor: Alen Stojanović (mentor)
• Committee member: Alen Stojanović (predsjednik povjerenstva)
• Committee member: Jakša Krišto (član povjerenstva)
• Committee member: Branka Tuškan Sjauš (član povjerenstva)
• Granter: University of Zagreb; Faculty of Economics and Business; (Department of Finance); Zagreb
• Defense date and country: 2020-09-23, Croatia
• Scientific / art field, discipline and subdiscipline: SOCIAL SCIENCES; Economics; Finance

Abstract

Klimatske promjene su dugoročni pomak globalnih ili regionalnih klimatskih obrazaca. One
uključuju promjene prosječne sezonske temperature, kišnih padalina i obrazaca puhanja vjetra.
Klimatske promjene jedan su od najvećih izazova koji se nalazi pred čovječanstvom u 21. stoljeću.
To je problem kojemu je izložena skoro svaka gospodarska grana pa tako i bankarstvo. Dodatan
problem je to što ne postoji zadovoljavajući konsenzus oko intenziteta ovog problema i njegovog
rješenja.
Financijski rizici povezani s klimatskim promjenama odnose se na skup potencijalnih rizika koji
mogu nastati uslijed klimatskih promjena i koji bi mogli potencijalno utjecati na sigurnost
pojedinih financijskih institucija i imati šire implikacije na financijski i bankovni sustav. Rizike
nastale uslijed klimatskih promjena moguće je podijeliti na nekoliko vrsta, no oni se najčešće dijele
na tranzicijski i fizički rizik. Tranzicijski rizik je rizik povezan s tranzicijom gospodarstava na
niskougljičnu ekonomiju, a fizički rizici su oni rizici koji mogu utjecati na financijsku stabilnost
izravno kroz češće ili teže katastrofe, vremenske događaje i postupne klimatske promjene.
Prelazak na niskouglično gospodarstvo kao i češće ili teže vremenske katastrofe odrazit će se na
poslovanje klijenata banaka, a time i na poslovanje samih banka. Trenutne politike banka vezane
uz klimatske promjene uglavnom su posljedica upravljanja reputacijskim rizikom, ali veliki dio
banka smatra kako bi u budućnosti klimatske promjene mogle utjecati i na kreditni i tržišni rizik.
Također mnoge središnje banke istražuju utjecaj klimatskih promjena na poslovanje banka, a neke
od njih su i već izdale smjernice koje se tiču ove problematike.

Abstract (english)

Climate change is a long-term shift in global or regional climate patterns. They include changes in
average seasonal temperature, rainfall, and wind blowing patterns. Climate change is one of the
greatest challenges facing humanity in the 21st century. This is a problem to which almost every
industry is exposed, including banking. An additional problem is that there is no satisfactory
consensus about the intensity of this problem and its solution.
Financial risks associated with climate change refer to a set of potential risks that may arise due to
climate change and that could potentially affect the security of individual financial institutions and
have broader implications for the financial and banking system. The risks posed by climate change
can be divided into several types, but they are most often divided into transition and physical risk.
Transition risk is the risk associated with the transition to a low-carbon economy and physical risks
are those risks that can affect financial stability directly through more frequent or severe disasters,
weather events, and gradual climate change. The transition to a low-carbon economy as well as
more frequent or severe weather disasters will affect the operations of bank customers, and thus
the operations of banks themselves. The bank's current policies related to climate change are
mainly the result of reputational risk management, but many banks believe that in the future
climate change could affect both credit and market risk. Also, many central banks are looking into
the impact of climate change on bank’s operations, and some of them have already issued
guidelines on this issue.

• Keywords: klimatske promjene; tranzicijski rizik; fizički rizik; poslovanje banaka
• Keywords (english): climate change; transition risk; physical risk; bank operations
• Language: croatian
• URN:NBN: urn:nbn:hr:148:644553
• Study programme: Title: Business Economics; Study programme type: university; Study level: integrated undergraduate and graduate; Academic / professional title: magistar/magistra ekonomije (magistar/magistra ekonomije)
• Type of resource: Text
• File origin: Born digital
• Access conditions: Open access
• Created on: 2020-09-23 10:06:01