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Empowering Taiwan's Climate Financial Risk Management: A Perspective

摘要


This perspective explores the complex interplay between climate risks and Taiwan's financial system, emphasizing the critical role of data-driven approaches for resilience and policy development. The paper outlines the unique challenges that Taiwan faces in mitigating climate risks within its financial sector. Despite a delayed focus on this issue, the author identifies potential pathways for policy interventions, namely Data Assisted Techniques for Adaptation (D.A.T.A), underlining the need for robust climate data collection and smart interface. This approach aims to provide a nuanced understanding of how Taiwan can strengthen its financial system against vulnerabilities induced by climate extremes.

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