rise and uncertain storm surge. An application of CIAM is then presented to demonstrate the model's ability to assess local …

Concurrent with the rapid development of the market for catastrophe (cat) bonds, a steady decline in their risk premia … has been observed. Whether the latter trend is consistent with the evolution of natural disasters risk is an open question …. Indeed, a large share of outstanding risk capital in the cat bonds market appears to be exposed to some climate change …

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. …

' perspective and aims to create a higher awareness of companies' risk drivers when it comes to specific challenges of different …´ perspective on climate-related risk-drivers, comprising i) changes in regulation, ii) changes in physical climate parameters and … related risks for companies. Furthermore, the results also facilitate a comparison of risk drivers between and within sectors …

results. To shed a light on these questions, we analyse a sample of 69 transition risk metrics delivered by 9 different … climate transition risk providers and covering the 1,500 firms of the MSCI World index. Our findings show that convergence … between metrics is significantly higher for the firms most exposed to transition risk. We also show that metrics with similar …

Climate change has been recently recognised as a new source of risk for the financial system. Several financial …) challenge traditional approaches to macroeconomic and financial risk analysis. Embedding climate change in macroeconomic and … supervisors about the integration of climate change considerations in financial risk assessment …