Explainer: Climate change and financial disclosure - what's at stake?

TOKYO (Reuters) - Japanese financial institutions are struggling to put a price tag on the cost of climate change, an effort made difficult by the long timeframe and a lack of data for making credible predictions. Non-life insurer MS&AD, for one, foresees the potential rise in claim payments in 2050 to be anywhere between 5% to 50% compared to current levels.

Below are issues at stake for financial institutions, and where Japan stands on the global debate on assessing financial risks associated with climate change. WHAT'S.

This article is no longer available in our repository.

There could be multiple reasons for this.