, which are disproportionately affected by climate change, raises significant concerns. This study shows that sovereign risk …. Countries with elevated risk levels are disproportionately vulnerable to climate change compared to their lower-risk … vulnerability to climate change, in terms of sovereign risk, particularly for countries with low spreads and long-term debt …

) risk. Using manually collected data from microfinance institutions' financial reporting, I find that the microfinance … sector faces minimal liquidity risk, high interest rate risk and a lower than commonly assumed exposure to FX risk. Linking … risk exposure to institutional characteristics, the data shows that legal status and regional affiliation are correlated …

) to determine regulatory credit risk capital. Both rely on estimates of obligor probabilities of default (PD). Investors … leading to increased PDs, LGDs, provision requirements (through increased expected losses) and regulatory credit risk capital …

that the calculation of the capital charge for CVA risk, as required by the Basel Committee on Banking Supervision, is … enough diversification of risk in a global credit portfolio to allow for a good hedge. Over the whole sample, the reduction … volatility are high. Increases in VIX, in the 10-year swap rate or in liquidity risk tend to decrease hedging efficiency …