Water Risk and Its Impact on the Financial Markets and Society

Examines the unique measurement and modelling challenges associated with either the scarcity or overabundance of water Shows how water risk affects the financial and social system and explores the vulnerability of institutions and markets as well as strategies for risk mitigationProvides a combined financial and societal as well as a local and global perspective

Fills a gap in the literature by providing important new insights by focusing on water risk and its related opportunities Identifies and classifies water risks, explores approaches to assess and operationalize water risk, and shows how it affects the financial and social system Explores a wide range of topics in the field providing a combined financial and societal as well as a local and global perspective

Auteur

Thomas Walker is Professor of Finance and Concordia University Research Chair in Emerging Risk Management at Concordia University, Montreal, Canada. Prior to academia, he worked for several years in the German consulting and industrial sector at Mercedes Benz, Utility Consultants International, Lahmeyer International, Telenet, and KPMG Peat Marwick.

Dieter Gramlich is Professor of Banking & Finance at DHBW - Baden-Wuerttemberg Cooperative State University in Heidenheim, Germany, where he serves as Head of the Banking Department. He previously studied at the University of Mannheim and was an interim professor and Chair of Banking and Finance at the University of Halle in Germany.

Kalima Vico is a research associate at the Emerging Risks Information Centre (ERIC) at Concordia University, Montreal, Canada. She previously worked for Concordia's David O'Brien Centre for Sustainable Enterprise.

Adèle Dumont-Bergeron is an MA student in English literature and creative writing at Concordia University, Montreal, Canada. She currently serves as a research associate at the Emerging Risks Information Centre.

Contenu

Chapter 1: Introducing Water Risk: A Framework for (Integrated) Water Risk Assessment and Management.- Part 1: Assessing Water Risk: Frameworks, Models, and Tools.- Chapter 2: Data for Water Risks: Current Trends in Reporting Frameworks, Shortcomings, and the Way Forward.- Chapter 3: How Do Investors Assess Water Risk?.- Chapter 3: How Do Investors Assess Water Risk?.- Chapter 4: The Developing Field of Water Risk Valuation for the Financial Industry.- Chapter 5: Financial Implications of Parched Power: Insights from an Analysis of Indian Thermal Power Companies.- Chapter 6: Water Insecurity and Climate Risk: Investment Impact of Floods and Droughts.- Chapter 7: Chronic Coastal Threats Warrant Valuation Re-Think.- Part 2: Managing Water Risk: Investing in the Future.- Chapter 8: Water Risks, Conflicts and Socially Responsible Investment: A Case Study of Ontario, Canada.- Chapter 9: Forward Pricing of Embedded Water A Step Towards Sustainable Development in Agriculture.- Chapter 10: Misbehaving Drinking Water Systems: Risk and the Complex Nature of Failure.- Chapter 11: Multi-dimensional and Interacting Water and Climate Risks and Pricing them in the Industry Context.- Chapter 12: Water Risk: An Overview and Inspiration for Future Work.- Index.

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