Waller: No Serious Financial Risk From Climate Change

Waller: No Serious Financial Risk From Climate Change

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the perception of risk to large banks and the resilience of the financial system. It argues that while climate change poses risks, these are not unique or material enough to warrant special treatment compared to other risks. The focus is on ensuring the financial system's stability and resilience against a range of risks.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's belief regarding the severity of certain risks to large banks?

They are extremely severe.

They pose a moderate threat.

They are the most significant risk.

They do not pose a serious risk.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's primary responsibility concerning the financial system?

To focus solely on climate change risks.

To increase profits for banks.

To ensure the system is resilient to various risks.

To eliminate all financial risks.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the speaker view the risks posed by climate change?

As irrelevant to financial stability.

As not unique or significant enough for special treatment.

As unique and requiring special treatment.

As the most critical risk.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the speaker, how should climate change risks be treated compared to other risks?

They should be given special treatment.

They should be prioritized above all others.

They should be treated the same as other risks.

They should be ignored.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker imply about the uniqueness of climate change risks?

They are somewhat unique.

They are the only risks worth considering.

They are not unique.

They are completely unique.