Overview
- Fills a gap in the literature by providing important new insights by focusing on water risk and its related opportunities
- Identifies and classifies water risks, explores approaches to assess and operationalize water risk, and shows how it affects the financial and social system
- Explores a wide range of topics in the field providing a combined financial and societal as well as a local and global perspective
Part of the book series: Palgrave Studies in Sustainable Business In Association with Future Earth (PSSBAFE)
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About this book
Water risks, including the lack of access to fresh water for personal and industrial use, droughts, floods, and water contamination, are problems that are not new, yet, they are amplifying in the face of climate change, population growth, and rapid economic development. Properly identifying, measuring, and managing these risks as well as taking advantage of related mitigation opportunities is essential for the future well-being of firms across various industries, investors who invest in these firms, local and federal governments, and ultimately our society as a whole.
This edited book sheds light on this topic by examining the unique measurement and modelling challenges associated with either the scarcity or overabundance of water and their interaction with finance and society. Specifically, it explores approaches to assess and operationalize water risk, examines the vulnerability of institutions and markets, and discusses strategies for risk mitigation.
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Keywords
Table of contents (12 chapters)
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Front Matter
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Assessing Water Risk: Frameworks, Models, and Tools
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Front Matter
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Managing Water Risk: Investing in the Future
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Front Matter
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Back Matter
Reviews
Editors and Affiliations
About the editors
Thomas Walker is Professor of Finance and Concordia University Research Chair in Emerging Risk Management at Concordia University, Montreal, Canada. Prior to academia, he worked for several years in the German consulting and industrial sector at Mercedes Benz, Utility Consultants International, Lahmeyer International, Telenet, and KPMG Peat Marwick.
Dieter Gramlich is Professor of Banking & Finance at DHBW – Baden-Wuerttemberg Cooperative State University in Heidenheim, Germany, where he serves as Head of the Banking Department. He previously studied at the University of Mannheim and was an interim professor and Chair of Banking and Finance at the University of Halle in Germany.
Kalima Vico is a research associate at the Emerging Risks Information Centre (ERIC) at Concordia University, Montreal, Canada. She previously worked for Concordia’s David O’Brien Centre for Sustainable Enterprise.
Adèle Dumont-Bergeron is an MA student in English literature and creative writing at Concordia University, Montreal, Canada. She currently serves as a research associate at the Emerging Risks Information Centre.
Bibliographic Information
Book Title: Water Risk and Its Impact on the Financial Markets and Society
Book Subtitle: New Developments in Risk Assessment and Management
Editors: Thomas Walker, Dieter Gramlich, Kalima Vico, Adele Dumont-Bergeron
Series Title: Palgrave Studies in Sustainable Business In Association with Future Earth
DOI: https://doi.org/10.1007/978-3-030-77650-3
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
Hardcover ISBN: 978-3-030-77649-7Published: 21 August 2021
Softcover ISBN: 978-3-030-77652-7Published: 22 August 2022
eBook ISBN: 978-3-030-77650-3Published: 20 August 2021
Series ISSN: 2662-1320
Series E-ISSN: 2662-1339
Edition Number: 1
Number of Pages: XXII, 350
Number of Illustrations: 13 b/w illustrations, 44 illustrations in colour
Topics: Environmental Economics, Economic Growth, Risk Management, Sustainable Development, Water, general