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The start of the new millennium will be remembered for deadly climate-related disasters - the great floods in Thailand in 2011, Super Storm Sandy in the United States in 2012, and Typhoon Haiyan in the Philippines in 2013, to name a few. In 2014, 17.5 million people were displaced by...
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of three cities that are widely regarded as proactive on climate action in their respective world regions - Bonn, Quito …
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bonds as any asset are subject to transition climate risk, namely, regulatory risk. This paper investigates the impact of … unexpected political events on the risk and returns of green bonds and their correlation with other assets. We apply a … difficult to hedge. This additional risk to green bonds might cause a time-varying premium for green bonds found in previous …
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