Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management. Market participants aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be broken into three sub-categories: public finance, corporate finance and personal finance.
Climate change impacts, such as rising temperatures, prolonged droughts and extreme precipitation, are expected to affect many areas, including mountain regions. A large consortium worked to develop advanced models to quantify and predict the impact of climate change primarily on surface water.