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. …

optimal policy balance in the context of catastrophic climate risk. The analysis uses the WITCH integrated assessment model … with a module that models the endogenous risk of experiencing an economic catastrophe if temperature increases above a … certain threshold. We find that the risk of a catastrophic outcome would encourage countries to reduce emissions even in the …

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 …

; (iii) a novel set of climate-specific models to capture the direct and indirect transmission channels of climate risk …