There is a growing awareness that climate change is a new source of risk to the financial
system, but cross-country evidence on the impact of climate risk on financial stability is …

Concerns about climate change and its potential economic impact have prompted
policymakers and institutions to introduce standards and principles to encourage the …

Applying an event study methodology, this research examines whether and how the stock
market incorporated the key outcomes and statements from the COP26 summit into share …

Abstract The Paris Agreement, signed in 2015, sets ambitious goals for diminishing
greenhouse gas emissions and restricting the rise in global temperature to achieve a less …

Financing climate change mitigation and adaptation in Asia is critical for its population and
economies but also for those of the world. This editorial provides a commentary and …

In this study, we investigate the association between climate change exposure and the cost
of equity financing. Using a novel dataset of US firm-level exposure to climate change risks …

Preventing and controlling the risk of enterprise default is an important way to maintain
financial stability. When mitigating and adapting to climate change, it is important to study …

Do higher carbon-emitting firms increase liquidity out of reluctance to invest in an era of
rapidly changing climate policy concerns? Are rapidly escalating climate concerns placing …

We exploit an exogenous event—the 26th United Nations Climate Change Conference of
the Parties (COP26)—and a short-term event study method to examine whether Chinese …

This study investigates the impact of three oil price shocks on financial distress of global
firms using a dataset of 8130 firms across 48 countries from 2002 to 2022. It also analyses …