Abstract
This article examines the impact of climate change on financial stability and explores vulnerabilities faced by the financial system in the context of changing climatic conditions. The authors analyze various aspects of vulnerability, including the insurance market, investments, infrastructure, and government finances. The article also discusses countermeasures such as integrating climate risk into financial planning, developing climate financial products, and supporting adaptation measures. The authors conclude that understanding the interplay between financial stability and climate change is essential for developing effective strategies to mitigate risks and ensure a sustainable financial future.
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