Significant business risk derives from the likelihood that the policy and legal environment with respect to climate …. Advice on how to manage this kind of risk is written largely on a tabula rasa; there is precious little "law" on climate … disclosures law in the United States and Canada. The most dangerous policy risk faced by Canadian businesses stems ironically from …

incapable of simultaneously capturing adequate risk premia and a reasonable discount rate, leading to the equity premium and the … risk-free rate puzzles. We follow the finance literature in disentangling risk aversion from the propensity to smooth … consumption over time, which gives rise to a model reflecting correctly the risk-free discount rate and the risk premia. We find …

and decisionmaking? Third, how does the discussion of risk and uncertainty as originally proposed by Frank Knight (1921 …

contribute to scale up new green investments, or introduce new sources of risk for financial stability, is poor. In addition, the … economy and on the credit market conditions. We analyze the risk transmission channels from the credit market to the economy … sentiments could be a game changer for the low-carbon transition by increasing investments' alignment and preventing the risk of …

embrace a broad perspective of uncertainty with three components: risk (probabilities assigned by a given model), ambiguity …