How might climate change risks impact a financial system? Please explain in your own words.
Question
How might climate change risks impact a financial system? Please explain in your own words.
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Solution 1
Climate change risks can have a significant impact on a financial system in several ways:
- Physical Risks: These are direct risks to businesses due to extreme weather events such as floods, droughts, or storms. These events can damage infrastructure, disrupt supply chains, and increase operationa Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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