Management Solutions is collaborating with ClimaLab, a program of the International Finance Corporation (IFC), a member of the World Bank Group, to accelerate climate risk management in financial institutions
Over the course of eight weeks, ClimaLab will assist three Latin American financial institutions in defining their current climate risk management situation, assessing the materiality of physical and transition risks, and their potential impact on clients and portfolios.
The process will conclude with the development of a transition plan and a roadmap for climate risk integration.