Climate change is an existential threat to the world economy like no other, with complex, evolving and nonlinear … dynamics that remain a source of great uncertainty. There is a bourgeoning literature on the economic impact of climate change …, but research on how climate change affects sovereign risks is limited. Building on our previous research focusing on the …

constraint, macroeconomic policy and institutional capacity. This paper extends the literature by arguing that climate shocks may … improve economic growth, and the size of the effect increases with good absorptive capacity. However, climate shocks reduce … resilience to climate change. Actions are also needed at global level to reduce greenhouse gases emissions, and build strong …

Climate change is a major threat to the sustainability and inclusiveness of our societies, and to the planet …’s habitability. A just transition to a low-carbon economy is the only viable way forward. This paper reviews the climate change … challenge. It stresses the criticality of systems changes (energy, transport, urban, land use, water) in a climate …

What is the impact of climate change on inflation and growth dynamics? This is not a simple question to answer as … climate shocks tend to be ubiquitous, but with opposing effects simultaneously on demand and supply. The extent of which … climate-related shocks affect inflation and economic growth also depends on long-run scarring in the economy and the country …