As part of Climate Week, we held the inaugural Climate and Capital Conference at the New York Stock Exchange, an ICE exchange. The event - hosted by ICE, Gitterman Asset Management and FINTECH.TV - brought together industry leaders to talk climate risks and opportunities.
They discussed topics like aligning capital with climate commitments, ways to engage with corporate issuers on decarbonization strategies and solutions to measure and manage climate risk.
Physical and transition climate data, scores and tools to help investors understand the risks and opportunities of climate change across asset classes.
As concern about climate risk disclosure grows, an analysis of ~800,000 U.S. municipal bonds representing over $2.5T in outstanding debt shows no evidence it is being systematically priced in. Yet event-based climate risk is correlated with discounts in both property value appreciation and population growth over the past decade -- the pillars of municipal market tax revenue and stability.
We used our data to look at how property values, population growth and mortgage delinquency correlated with higher climate risks.