Municipalities are on the front line of climate risk. Infrastructure needs to be built, repaired and replaced, all of which will require investment capital. Important considerations for investors and borrowers include determining how these long term projects are accounting for climate change and reducing risk, factoring climate resiliency, and accounting for the transition to clean energy. Climate aware funding strategies have implications for the city’s bond rating and cost of capital.
In this session, participants will:
• Discover methods borrowers can use to integrate climate risks into their capital budgeting process
• Examine the importance of disclosing material climate risks and demonstrating long term capital planning for building climate aware infrastructure
• Explore how investors can evaluate their exposure to climate risk
Panelists:
Mike Bonanno, Vice President, Research Analyst and Municipal Sustainability Lead, Breckinridge Capital Advisors
Grant Ervin, Chief Resilience Officer and Assistant Director for the Department of City Planning for the City of Pittsburgh
Carolyn Kousky, Executive Risk Director, Wharton Risk Center
Missy Stults, Sustainability and Innovations Manager, City of Ann Arbor, Michigan
Moderator:
Peter Ellsworth, Senior Director, Investor Network, Ceres
*If you have any questions about this webinar, please contact eventswebinar@ceres.org