In this episode Mudasar Chaudhry, Head of European Structured Finance Research, is joined by Christian Aufsatz, Managing Director, Head of European Structured Finance, and Marcos Alvarez, Senior Vice President, Global Head of Insurance, to give an introduction to climate change scenarios and how climate risk could result in an increase in debt issuers’ default probability or a reduction in asset valuations. Speakers discuss the intersection of climate and credit analysis, and what DBRS Morningstar is focusing on as a credit rating agency. We further explore who ultimately pays for losses caused by climate change.

Related Content: 

• Commentary - ESG: Climate Risk and Credit: https://www.dbrsmorningstar.com/research/413235/esg-climate-risk-and-credit
• Commentary - European Securitisation and ESG-Related Issuance: Credit Relevance of Indirect Exposure to ESG Factors https://www.dbrsmorningstar.com/research/417250/european-securitisation-and-esg-related-issuance-credit-relevance-of-indirect-exposure-to-esg-factors
• Methodology - DBRS Morningstar Criteria: Approach to Environmental, Social, and Governance Risk Factors in Credit Ratings: https://www.dbrsmorningstar.com/research/416784/dbrs-morningstar-criteria-approach-to-environmental-social-and-governance-risk-factors-in-credit-ratings

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