Alessandro Cocco is vice president of the Financial Markets Group at the Federal Reserve Bank of Chicago. Speaking at our MarketsWiki Education World of Opportunity virtual event in July 2020, Cocco said the word that connects climate change and finance is “risk.” In the case of climate change, that risk can be physical, through property damage, and economic. He spoke about what the 2008 financial crisis and the current COVID-19 pandemic have taught us regarding risk and the interconnectedness of financial systems.
Produced by Mike Forrester