The Intersection Between Climate Change and Financial Risk

The Intersection Between Climate Change and Financial Risk

Assessment

Interactive Video

Business, Biology

University

Hard

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Quizizz Content

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The video discusses the importance of water as a commodity, especially in light of recent wildfires and climate change. It highlights a study on the risks climate change poses to financial stability and the role of financial markets in mitigating these risks. The introduction of water futures contracts is explored as a tool for price stability and risk management, particularly in California's agricultural sector. The video also examines market liquidity and the participation of various financial actors in water futures trading.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent events have increased the focus on water as a commodity?

Earthquakes in California

Floods in Texas

Raging wildfires in California

Hurricanes in Florida

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the major risks identified by the study commissioned in 2019?

The decline of the oil industry

The rise of cryptocurrency

The impact of technological advancements on employment

The instability of the US financial system due to climate change

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key recommendation for financial institutions to address climate change risks?

Reducing interest rates

Stress testing under different climate scenarios

Increasing taxes on carbon emissions

Investing in renewable energy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of water futures contracts?

To promote water conservation

To provide price stability for water

To increase water consumption

To reduce water pollution

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are expected to participate in the water futures market?

Only agricultural sectors

Only government regulators

Both end users and financial actors

Only environmental organizations