derive a general analytic formula for the "risk premium" governing the resulting climate policy. The formula generalizes … making under uncertainty. It clarifies the distinct roles of risk aversion, prudence, characteristics of the damage … formulation, and future policy response. We show that an optimal response to uncertainty substantially reduces the risk premium. …

climate-related physical risks with a global Input-Output model. More specifically, climate-related GDP-at-risk data are used …-sectors around the world becomes observable. The findings suggest that direct GDP loss estimates can severely underestimate the … ultimate impact of physical risk because trade can lead to losses that are up to 30 times higher in the EA than what looking at …

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

that, even conditional on the net-zero 2050 scenario, there remains a significant risk of elevated temperatures for at …

on the size of the mortality risk reduction valued by the respondent, for an average of € 1.6 million. …

' 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 …