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This paper examines the interaction between macro-financial and climate-related risks. It brings together different strands of the literature on climate-related risks and how these relate to macro-financial management and risks. Physical impacts of climate change as well as the transition toward...
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Traditional risk assessments use asset losses as the main metric to measure the severity of a disaster. This paper … proposes an expanded risk assessment based on a framework that adds socioeconomic resilience and uses wellbeing losses as the … process at the household level, this risk assessment provides new insights into disaster risks in Sri Lanka. The analysis …
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This paper describes a modeling methodology that embeds climate damages from natural disasters and risk management … strategies into a macroeconomic model for Jamaica. The modeled damages take the form of capital destruction, and the risk … to create fiscal space for disaster recovery. Different risk management strategies are compared to a baseline of no risk …
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