financial markets. The climate related risk is divided into three subcategories, the environmental uncertainty, the economic … climate risk and the climate policy risk, which all of them may affect the markets directly or indirectly. The perspective is … market valuation of the climate risk. …

nature of climate risk (i.e. deep uncertainty, non-linearity and endogeneity), and of financial risks (interconnectedness and …, sovereign and corporate bonds), climate scenarios conditioned risk metrics (such as the Climate Spread and the Climate Value-at-Risk …). These allow us to introduce forward-looking climate risk scenarios in the valuation of counterparty risk, in the probability …

The Security and Exchange Commission (SEC) has considered climate change as a risk issue since 2010. Several emission … financial performances, especially of listed companies. There are two ways these companies can disclose their transition risk … exposure and are not alternatives. One is the explicit declaration of exposure to transition risk in the legally binding …

Climate change can be a source of financial risk. This paper examines how credit rating agencies accepted by the … Eurosystem incorporate climate change risk in their credit ratings. It also analyses how rating agencies disclose their … change risk, the transparency around models and methods used to estimate the exposure to climate change risk and the …

institutions and show that, unlike physical risk, transition risk significantly influences systemic risk. The exposure to … transition risk appears lower for institutions with cleaner investment and lending portfolios and with higher institutional …

obligations that arise for the Company to determine the pricing of the products and the underwriting policies for the risk …

Models (IAMs), which assumes no risk sharing across region, we introduce global risk sharing via a market for state … across regions. We estimate that such risk sharing scheme of climate risks could lead to welfare gains reducing the global … for considering risk sharing in IAMs, but also for potentially welfare increasing negotiations about sharing risks of …

), the higher its transition risk. Recent Hungarian trends of this indicator alerts to significantly regrowing risks. …

climate-related physical risks with a global Input-Output model. More specifically, climate-related GDP-at-risk data are used … ultimate impact of physical risk because trade can lead to losses that are up to 30 times higher in the EA than what looking at … possible. Future research should (i) develop more granular, holistic, and forward-looking global physical risk data and (ii …