The book The green swan (The Green Swan) published by Bank for International Settlements (BIS) coined the term 'green swan' to refer to the likelihood of a financial crisis caused by climate change. "Green swans are events with extremely disruptive potential from a financial point of view," Luiz Pereira da Silva, deputy director general of the BIS, told BBC News Mundo.
Another swan figure had already been created. In 2007, Nassin Nicholas Taleb published “The Logic of the Black Swan”. The term “black swan” for Taleb refers to any event that cannot be predicted, but has a great impact on society.
