-term transition scenarios, we document a significant variance among banks in their risk exposure, with the most exposed institutions …

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 …

This study assesses the global economic consequences of climate-related risk in three broad areas: (1) the … macroeconomic impacts of physical climate risk due to chronic climate change associated with global temperature increases and … by 2050 (transition risk); and (3) the potential macroeconomic consequences of changes in risk premia in financial …

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 …

, suggesting that this risk is somewhat unpredictable and undiversifiable. Furthermore, geographic dispersion increases firms …

prevent the accurate assessment of market risk. The assumption is that these gaps can be remedied via disclosure, transparency …

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 …

millions more. To identify the climate impacts on dengue risk in Brazil, a comparative case study is used based on the …

climate transition risk in China by assessing the intensity of climate policies. The daily climate physical risk encountered … linear function coefficient model is adopted to empirically investigate the non-linear impacts of climate transition risk and … climate physical risk on the return and volatility of renewable energy stocks. The nonlinear moderating effect of climate …