Sentences with phrase «as weather derivatives»
The document describes some of the current products and services and other innovative approaches used by the finance sector to tackle climate change, such as weather derivatives and natural catastrophe bonds.
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Commodity - linked derivative instruments may involve additional costs and risks such as changes in commodity index volatility or factors affecting a particular industry or commodity, such as drought, floods, weather, livestock disease, embargoes, tariffs and international economic, political and regulatory developments.
There is a booming trade in «weather futures,» allowing companies and banks to gamble on changes in the weather as if deadly disasters were a game on a Vegas craps table (between 2005 and 2006 the weather derivatives market jumped nearly fivefold, from $ 9.7 billion to $ 45.2 billion).