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

), the higher its transition risk. Recent Hungarian trends of this indicator alerts to significantly regrowing risks. …

-implied credit risk across various time horizons. Findings show that firms with higher GHG emissions have higher CDS spreads at all … exposure to transition risk for a firm across different time horizons. However, it fails to account for a company's efforts to … to risk-differentiate ETS-participating firms from other firms. …

reduce NPEs in the subsequent period. In conclusion, climate risk management represents a crucial challenge for the financial …