Businesses can no longer afford to stick their heads in the sand. The time to act is now. Cities are becoming unliveable, triggering migration patterns and resource shortages, in turn causing civil wars and conflict. Natural disasters like hurricanes and wildfires are simply becoming known as...

In this paper, we examine the time-varying tail risks transmission among the agricultural, precious metals, and energy commodities markets, and explore how climate change concerns affect this connectedness. Using the Conditional Autoregressive Value-at-Risk (CAViaR) model and the time-varying...

"Climate change presents us with an opportunity. The entire human race is facing its greatest ever existential challenge. We have an imperative, as never before, to change our ways. The UK Census 2021 found that around 75% of British adults are worried about the future, particularly for their...

Crude oil prices, weather changes, and carbon prices are closely related, but little research investigates their dynamic relationship. Studying how crude oil prices and weather changes dynamically affect carbon prices is significant to investors and producers. Taking carbon prices in Hubei and...

One of the most important steps towards a greener economy is assessing the path through which climate risks are internalized in to bank portfolios. Aligned with literature on market risks and credit risks emanating from climate risk exposure, this paper sought to assess the feedback effect...