Against the backdrop of the climate finance gap, this paper investigates factors that motivate migrant participation in diaspora bonds tied to climate projects. The empirical study is based on a survey of 1265 responses from migrants in Europe. We employ change theory to study the shift in...

Climate risk brings about a new type of financial risk that standard approaches to risk management are not adequate to handle. We develop a model that allows to compute the valuation adjustment of corporate and sovereign bonds conditioned to climate transition risk, based on available...

How climate aspects affect sovereign bonds is still a new field of research. I differentiate between transition, physical, and innovation aspects of climate risks and climate performance and estimate the pricing-in of these climate aspects in sovereign bond yields for a sample of 29 countries,...