Showing 1 - 10 of 3,611
While the world's attention is on dealing with the COVID-19 pandemic, climate change remains a greater existential threat to vulnerable countries that are highly dependent on a weather-sensitive sector like tourism. Using a novel multidimensional index, this study investigates the long-term...
Persistent link: https://www.econbiz.de/10013252040
Asia and the Pacific? This paper considers three main disaster risk factors - rising population exposure, greater …. In a regression analysis within a model of disaster risk determination, the most significant association is between the …
Persistent link: https://www.econbiz.de/10009781147
This paper explores some implications of climate change for fiscal policies by assessing the impact of extreme weather events on public budgets. It presents selected case studies on the basis of available data for extreme weather events in the EU and the US that have occurred since 1990. We...
Persistent link: https://www.econbiz.de/10013111435
system in the low-carbon transition can lead to a large underestimation of climate transition risk. The set of scenarios that … financial supervisors recommended to investors to analyse climate transition risk include scenarios labelled as ‘disorderly … reshaped depending on the timing and the extent by which financial actors assess climate risk …
Persistent link: https://www.econbiz.de/10013245676
, suggesting that this risk is somewhat unpredictable and undiversifiable. Furthermore, geographic dispersion increases firms …
Persistent link: https://www.econbiz.de/10014256746
-term transition scenarios, we document a significant variance among banks in their risk exposure, with the most exposed institutions …
Persistent link: https://www.econbiz.de/10014558804
This study proposes a new indicator of Climate Policy Uncertainty based on newspaper coverage frequency. The indicator currently includes 12 OECD Member Countries and covers the period 1990-2018. The index spikes near major political events and during major discussions around potentially...
Persistent link: https://www.econbiz.de/10013376912
This note considers the treatment of risk and uncertainty in the recently established ‘social cost of carbon' (SCC) for … discounting, it mis-estimated climate risk, possibly hugely. Given the uncertainty about estimating the SCC, the note concludes by …
Persistent link: https://www.econbiz.de/10013066990
prevent the accurate assessment of market risk. The assumption is that these gaps can be remedied via disclosure, transparency …
Persistent link: https://www.econbiz.de/10012843985
climate change. The risk of uncertain and potentially irreversible catastrophes is an important issue related to the latter … benchmark integrated assessment model. This study moves beyond recent catastrophe or tipping point studies with arbitrary risk … introduced here informs risk management strategies that balance uncertain future climate change impacts with the costs of …
Persistent link: https://www.econbiz.de/10013019654