Interview with Ernst Rauch of Munich Re
The multilateral development banks can assist financial supervisors as they seek to ensure that financial institutions manage climate risks. They can support them in implementing mitigating measures. And they can support the transition—the scenario that minimizes climate risks—by scaling up green finance to mobilize the funds needed for the transition.
More resources on climate change are available on the Munich Re website https://www.munichre.com/en/risks/climate-change.html.