1887

OECD Environment Working Papers

Cette série d’études porte sur des questions relatives à l’environnement . Elle est destinée à un large public. Il s’agit généralement d’un travail collectif, mais les noms des principaux auteurs sont cités. Ces documents existent uniquement en version originale – anglais ou français – et sont assortis d’un résumé dans l’autre langue.

Anglais

Assessing nature-related risks in the Hungarian financial system

Charting the impact of nature's financial echo

This paper presents a technical assessment of nature-related risks within the Hungarian economy and financial system. The study draws upon the OECD Supervisory Framework to (i) prioritise various nature-related risks by conducting an impact and dependency assessment, identifying key economic sectors, and pinpointing the critical natural capital assets that are most crucial to the financial system; (ii) assess the direct and indirect economic impact of three exploratory scenarios on possible acute nature-related shocks using input-output analysis; (iii) explore the different financial risk channels through which economic risks stemming from nature-related losses may be transmitted within the Hungarian financial system; and (iv) provide supervisory recommendations based on the results.

Anglais

Mots-clés: financial materiality, nature, nature-related risks, biodiversity, economics, finance and investment
JEL: E44: Macroeconomics and Monetary Economics / Money and Interest Rates / Financial Markets and the Macroeconomy; H63: Public Economics / National Budget, Deficit, and Debt / Debt; Debt Management; Sovereign Debt; E58: Macroeconomics and Monetary Economics / Monetary Policy, Central Banking, and the Supply of Money and Credit / Central Banks and Their Policies; C67: Mathematical and Quantitative Methods / Mathematical Methods; Programming Models; Mathematical and Simulation Modeling / Input-Output Models; G21: Financial Economics / Financial Institutions and Services / Banks; Depository Institutions; Micro Finance Institutions; Mortgages; Q20: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Renewable Resources and Conservation / Renewable Resources and Conservation: General; G14: Financial Economics / General Financial Markets / Information and Market Efficiency; Event Studies; Insider Trading
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