New Climate Scenario Analysis Tool Launched for Mexican Financial Sector
Paris, France – September 1, 2024 – The Agence Française de Développement (AFD) is pleased to announce the launch of its “Climate Scenario Analysis Pilot for the Mexican Financial Sector 2024-2025.” This groundbreaking initiative, published today, aims to equip Mexico’s financial institutions with the tools and insights necessary to understand and manage the financial risks and opportunities associated with climate change.
The piloted program, developed in collaboration with key stakeholders within the Mexican financial ecosystem, represents a significant step forward in integrating climate considerations into financial planning and decision-making. Climate change presents a complex array of risks – including physical risks from extreme weather events and transition risks associated with the shift to a low-carbon economy – that can profoundly impact financial stability.
The “Climate Scenario Analysis Pilot for the Mexican Financial Sector 2024-2025” provides a robust framework for financial institutions to assess their exposure to these climate-related risks and opportunities under various future climate scenarios. By systematically analyzing these potential impacts, participants will be better positioned to:
- Enhance Risk Management: Proactively identify, measure, and manage climate-related financial risks within their portfolios.
- Improve Strategic Planning: Develop more resilient business strategies that account for the evolving climate landscape.
- Foster Innovation: Identify opportunities for green finance and sustainable investment products.
- Strengthen Financial Resilience: Contribute to the overall stability and sustainability of the Mexican financial system.
The AFD’s commitment to supporting developing countries in their climate transition is underscored by this initiative. By sharing its expertise and facilitating the adoption of advanced analytical tools, AFD aims to empower Mexico’s financial sector to play a crucial role in its nation’s sustainable development and climate resilience efforts.
This pilot program is expected to generate valuable learning and best practices that can be scaled and adapted to other financial sectors in Mexico and potentially in other regions facing similar challenges. The AFD looks forward to working closely with its partners throughout this crucial phase, contributing to a more climate-resilient and sustainable financial future for Mexico.
Pilote d’analyse de scénarios climatiques pour le secteur financier mexicain 2024-2025
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AFD published ‘Pilote d’analyse de scénarios climatiques pour le secteur financier mexicain 2024-2025’ at 2025-09-01 12:36. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.