APRA Executive Board Member Geoff Summerhayes made a speech entitled “The Weight of Money: A Business Case for Climate Resilience“
APRA Executive Board Member Geoff Summerhayes made a speech to the Centre for Policy Development in Sydney, describing how the transition to a low-carbon economy is now in motion – posing strategic challenges for Australian financial institutions. The speech, entitled “The Weight of Money: A Business Case for Climate Resilience“, sets out examples of how climate-related financial risks are manifesting in Australia, explains APRA’s responses and describes how the SIF is enabling international cooperation. Media coverage of the speech is available here, here and here.