This paper empirically examines the link between the cost of sovereign borrowing and climate risk for 40 advanced and … resilience to climate risk are important factors driving the cost of sovereign borrowing at the global level. Overall, we find … that vulnerability to the direct effects of climate change matter substantially more than climate risk resilience in terms …

, which are disproportionately affected by climate change, raises significant concerns. This study shows that sovereign risk …. Countries with elevated risk levels are disproportionately vulnerable to climate change compared to their lower-risk … vulnerability to climate change, in terms of sovereign risk, particularly for countries with low spreads and long-term debt …

This study examines the impact of corporate environmental efforts on financial leverage and systematic risk … financial leverage and a significant increase in stocks’ systematic risk. The results suggest that climate risk regulations …

Increasingly adverse climatic conditions have created greater systematic risk for companies throughout the global … economy. Few studies have directly examined the consequences of climate-related risk on financing choices by publicly …-listed firms across the globe. We attempt to do so using the Global Climate Risk Index compiled and published by Germanwatch (Kreft …