This structured keyword-based literature review analyses the quantification of climate risks and their impact on financial markets and economic influences. Through an extensive examination of existing research, we extract core statements, critical success and risk factors, applied datasets,...

Climate science finds that the trend towards higher global temperatures exacerbates the risks of droughts. We investigate whether the prices of food stocks efficiently discount these risks. Using data from thirty-one countries with publicly-traded food companies, we rank these countries each...

This paper finds evidence that stock returns vary with the physical climate change exposure of firms in a predictable manner. We construct measures of exposures to physical climate changes at the firm level, and find that firms with high climate change exposures experience lower future...