Geothermal energy is both a clean and sustainable energy source that contributes to economic growth (GDP) and environmentally friendly, as it releases much less harmful greenhouse gas (GHG) emissions than fossil fuels. This study presents a novel perspective by examining the dynamic impact of...

Using data from a broad panel of countries at a weekly frequency, we find that local natural disasters have significant effects on global portfolio flows. First, when disasters strike, international investors reduce their net flows to equity mutual funds exposed to affected countries. This only...

The way in which climate policy and climate risks are currently accounted for in financial and real investment decisions is inadequate. The paper demonstrates weaknesses in methods presently used and proposes an alternative that aims to bridge the duration gap between climate policy modeling and...