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OECD Green Talks LIVE | Diving deeper: Water risks and the financial system

Water is critical for meeting commitments of the Paris Agreement and achieving the Sustainable Development Goals. Our economies rely on water, with recent estimates putting the economic value of water and freshwater ecosystems at USD 58 trillion - equivalent to 60% of global GDP. At the same time, water related risks are increasing in frequency and scale in the context of climate change. How are investments shaping our economies and societies exposure to water risk? What role can the financial system play in supporting water security? And how can increased understanding of how finance both impacts and depends on water resources spur action towards greater water security? This OECD Green Talks LIVE on Tuesday 14 May 2024 from 15:00 to 16:00 CEST discussed the evolving landscape for assessing water risks to the financial system. OECD Policy Analyst Lylah Davies presented key findings and recommendations from recent OECD work on assessing the financial materiality of water-related risks, including the recently published paper “Watered down? Investigating the financial materiality of water-related risks”. She was also joined by our discussants: • Andries Schutte, Partner, Director, True North Partners, Riskscape • Carlijn Ginther, Sustainable Finance Officer Dutch Central Bank (DNB) Access the presentation: https://www.slideshare.net/slideshow/... Find more information on the OECD Green Talks LIVE series: https://www.oecd.org/environment/gree...