10th OECD Forum on Green Finance and Investment

Towards better management of systemic social and inequality-related risks and impacts

Oct 3, 2023 | 9:10 AM - 10:10 AM

Conference Room CC12

Inequalities of opportunities and well-being continue to persist within and between countries. It is increasingly clear that environmental challenges and social inequalities are deeply intertwined and mutually reinforcing. For example, evidence shows that disadvantaged households are the most affected by environmental degradation and that the impacts of climate change are not gender neutral. Social inequalities, including persistent gender gaps, undermine our collective human and economic potential and the foundations of the economic and social systems on which businesses and financial institutions rely on. The financial sector therefore has a stake in addressing systemic environmental and social risks and impacts. This session will examine ways to address social and inequality-related risks, what investors and financial institutions are already doing about them, and what more needs to happen.

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