Green Talks LIVE on water risks

ROME 14 May 2024 / 3.00pm-4.00pm CEST

Water is fundamental to meeting the commitments of the Paris Agreement and achieving the Sustainable Development Goals. Our economies depend on water, with recent estimates putting the economic value of water and freshwater ecosystems at $58 trillion, equivalent to 60% of global GDP. At the same time, water-related risks are increasing in frequency and scope in the context of climate change. How do investments influence the exposure of our economies and societies to water risk? What role can the financial system play in supporting water security? And how can a greater understanding of how finance impacts and depends on water resources stimulate action towards greater water security? This will be discussed at the next OECD LIVE Green Talks to provide a picture of the evolving landscape for assessing water risks for the financial system. OECD policy analyst Lylah Davies will present key findings and recommendations from recent OECD work on assessing the financial relevance of water-related risks, including the recently published paper “Watered down? Investigating the financial relevance of water-related risks”. Invited experts will come together to discuss relevant ongoing initiatives.