Eighty-seven percent of agricultural finance institutions expect climate change to pose a material risk to their business in the future, but only 24% significantly integrate climate change in business decisions, found a climate change survey of agricultural finance institutions’ conducted by Environmental Defense Fund and Deloitte.
Agricultural finance institutions can proactively address climate-related risks by assessing risks to their portfolios, engaging farmer on solutions, and creating new or modified financial products that help their borrowers. EDF’s and Deloitte’s climate strategies guide for agricultural finance institutions lays out a roadmap for…
Read the full article originally published at business.edf.org.