Tag: Risk management
Incorporating Resiliency Measures into Credit Strength Analysis
Resiliency Measures: A Key Component in Evaluating Credit StrengthIn the face of increasing climate change impacts, the incorporation of resiliency measures into credit strength analysis for municipal utilities is becoming more crucial than ever....
Forecasting Financial Impact of Storm Activity | Energy Sector
Storms are an inevitable reality for utility companies, bringing with them significant operational disruptions and financial challenges. From overtime costs to equipment deployment and contractor fees, the financial impact of storm activity can have...
Forecasting Financial Impact of Storms on Accounting Practices
Summary: Utility companies face financial challenges due to storm activity, leading to unplanned expenses and operational disruptions. To address these issues, companies must incorporate storm forecasting into their financial planning to ensure budget flexibility...
Impact of Climate Shocks on Global Economy: Predicted 50% Shrink by 2070-2090
**Impact of Climate Shocks on Global Economy: Urgent Action Needed to Avert Catastrophe**A dire warning has been issued by risk management experts at the Institute and Faculty of Actuaries (IFoA), predicting a staggering 50...
Managing Costs: Urging the New Loss and Damage Fund Boss to Keep Expenses Low
Managing Costs: Urging the New Loss and Damage Fund Boss to Keep Expenses LowWith just $69 million in the bank account of the fledgling loss and damage fund so far, its new executive director...
