Dr. David K.A. Mordecai, President of Risk Economics, was invited to participate in the Institute of International Bankers (IIB) Climate Change Scenario Analyses webinar. The webinar was held on November 8, 2021, and was co-hosted by Cushman & Wakefield and CoreLogic.
The agenda for the webinar posed the following questions:
The panel was moderated by David L. Risdon, Senior Managing Director and Head of Banking & Regulatory Solutions, Cushman & Wakefield. The panelists were the following:
About Risk Economics
Risk Economics provides advisory services at the intersection of commercial business-process engineering and risk engineering with a particular focus on coupling commercial reinsurance and financial technology, through the rigorous application of agent-based, demographic, and statistical methodologies to microeconomic and macroeconomic analytics. The Risk Economics® client roster is diverse and includes governmental and quasi-governmental agencies, global insurance and reinsurance firms, leading law firms, technology firms, global banking institutions, asset management firms, multinational corporations with interests in natural resources, commodities, and energy, as well as government agencies and regulators.
The agenda for the webinar posed the following questions:
- For large US-based international and national banks, what climate-related data will be required under regulatory reporting?
- How will climate risk be scored?
- Will climate risk scoring influence credit availability to certain borrowers?
- How will Greenhouse Gas (GHG) emissions, physical risks and transition risks be measured and managed?
The panel was moderated by David L. Risdon, Senior Managing Director and Head of Banking & Regulatory Solutions, Cushman & Wakefield. The panelists were the following:
- Chris Bennett: Global Head of ESG Strategy and M&A, S&P Global Sustainable
- Peter Carroll: Executive, Public Policy and Industry Relations, CoreLogic
- Hugh Conroy: Partner, Financial Institutions Regulation, Cleary Gottlieb
- Robert Engle, PhD: Nobel Laureate in Economics, Professor Emeritus of Finance, NYU Stern School of Business, Co-Director, The Volatility and Risk Institute and Co-Author, The Federal Reserve Bank of New York’s Report on Climate Stress Testing
- David K.A. Mordecai, PhD: RiskEcon® Lab @ Courant Institute of Mathematical Sciences NYU, and President, Risk Economics®

About Risk Economics
Risk Economics provides advisory services at the intersection of commercial business-process engineering and risk engineering with a particular focus on coupling commercial reinsurance and financial technology, through the rigorous application of agent-based, demographic, and statistical methodologies to microeconomic and macroeconomic analytics. The Risk Economics® client roster is diverse and includes governmental and quasi-governmental agencies, global insurance and reinsurance firms, leading law firms, technology firms, global banking institutions, asset management firms, multinational corporations with interests in natural resources, commodities, and energy, as well as government agencies and regulators.