Assessing nature-related risks in the Hungarian financial system : Charting the impact of nature's financial echo / Riccardo, Boffo ... [et al]
Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: OECD Environment Working Papers ; no.243Publisher: Paris : OECD Publishing, 2024Description: 1 Online-Ressource (94 p.) ; 21 x 28cmSubject(s): DOI: DOI: 10.1787/24fd70e3-enOnline resources: Summary: This paper presents a technical assessment of nature-related risks within the Hungarian economy and financial system. The study draws upon the OECD Supervisory Framework to (i) prioritise various nature-related risks by conducting an impact and dependency assessment, identifying key economic sectors, and pinpointing the critical natural capital assets that are most crucial to the financial system; (ii) assess the direct and indirect economic impact of three exploratory scenarios on possible acute nature-related shocks using input-output analysis; (iii) explore the different financial risk channels through which economic risks stemming from nature-related losses may be transmitted within the Hungarian financial system; and (iv) provide supervisory recommendations based on the results.PPN: PPN: 1906991936Package identifier: Produktsigel: ZDB-13-SOC-ebook | ZDB-13-SOCNo physical items for this record