Green financial policies are increasingly being implemented by countries to mitigate the physical and transition risks posed by climate change. Aimed at preserving firm-level and macro-financial stability amidst climate-related risks, such policies are often viewed as complements to fiscal...

The authors investigate key climate change hazards affecting Nepali households and livelihoods: river flooding, heat exposure, drought, landslides, and air pollution. The authors analyze the distributional impacts of these hazards by combining spatial distributions of exposure with measures of...

The authors investigate key climate change hazards affecting Nepali households and livelihoods: river flooding, heat exposure, drought, landslides, and air pollution. The authors analyze the distributional impacts of these hazards by combining spatial distributions of exposure with measures of...

In this paper, we explore the climate risk exposure of U.S. life insurers’ commercial mortgage loan portfolios, focusing on sea level rise (SLR) and flood risks. Commercial mortgages are an important asset class of life insurers: Approximately 15% of the life insurance industry asset is held...